The Dollar has enjoyed a broad bounce to start the week and USDJPY is one key pair that is seeing the turn work around major technical levels. There is technical precedence from earlier this year that suggests such a large jump can revive bulls – but is the prevailing trend still bullish?

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The US Dollar is starting the week with a bounce and the FOMC is in the blackout period ahead of the next rate decision.

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S&P 500, Dow Jones and Nasdaq have lost ground after Friday’s NFP report and expectations of further rate hikes for longer supported the safe-haven Dollar, driving equities lower.

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The FTSE 100 has gained 13% from the October lows, but can bulls further the move as an important resistance zone comes into the picture?

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America’s largest sector, the services sector achieved another expansion, rising on increased business activity and employment.

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