The $1950 level has seen a lot of noise in the past, so it would make sense that it would be a target, and of course, an area where buyers could return. All things being equal, I think we continue to see buyers on dips, and therefore it’s not worth trying to fight the overall momentum. This article was originally posted on FX Empire More From FXEMPIRE: GBP/JPY Forecast – British Pound Breaks Back Above ¥170 EUR/USD: Inflation Worries, Debt Ceiling Standoff Impact Euro-Dollar Exchange Rate Sell in May and Go Away?