Dollar gives it back once more as EUR/USD hits session highs above 1.0570

Well, the earlier rebound in the dollar today has now blown once more and it is right now slipping back across the board, with the possible exception of the GBP/USD, which is still showing little inclination to bounce much. The EUR/USD has though, rising from an earlier European low at 1.0533, to set a new session high a short while ago, at 1.0574. The catalyst for that was a drop back in the USD/JPY. Earlier the USD/JPY reached 155.36. It has since fallen back to 154.59 a few moments ago. In truth, all this price action is not conclusive to very much and more just price action within what are still pretty defined ranges for the time being. Best way to navigate that is to trade it as you see it and bank gains when you have them, and do not be greedy. There is plenty on the table in these swings so long as you keep the discipline and do not get married to anything. The EUR/USD is currently trading at 1.0570