Dollar In Bear Trap, May Spring Higher This Week

By Michael Wilson, Bloomberg Markets Live reporter and strategist

Here are some key technical levels to watch in selected Group-of-10 and key Asian currency pairs:

BBDXY — Index has spent the last seven days within less than a 10-point range. With the September rally more than halved, both slow and fast stochastics have become oversold. Prior occasions where this dynamic has occurred, it has been followed by sharp short-term gains.