The yellow metal has not moved much since the fall, which was experienced on Tuesday.
Thursday ended with the US Dollar outperforming the Yen, therefore, leaving the 111.00 handle intact.
Downbeat US fundamental data caused the Cable to appreciate again and break out from its consolidation trend yesterday.
On Friday morning the common European currency had retreated below the combined resistance of the weekly R2 and monthly R1 near the 1.0880 level against the US Dollar.
Since the opening of the session of April 23 the New Zealand Dollar had lost more than 2.5% against the US Dollar by the middle of Thursday's trading.
The Greenback managed simultaneously to reach new heights and retreat against the Canadian Dollar during the first half of Thursday's trading session.
Today's trading session has not brought any changes for the Aussie, as it continues to depreciate against the Greenback for the fourth consecutive day.
The first half of today's trading session demonstrated strong upside momentum that pushed the Euro towards the upper boundary of the broadening wedge.
The yellow metal remained near previous session's opening level on Thursday morning, as the commodity price ran into resistance during the last hours of Wednesday's trading.
The USD/JPY currency pair remained relatively unchanged yesterday, with the 111.00 major level limiting downside volatility.
Wednesday ended with the British currency erasing all intraday losses against the US Dollar, but with no significant gains registered.
On Thursday morning the common European currency remained near the 1.09 mark against the US Dollar.
The plummeting of the New Zealand Dollar against the Greenback continued on Wednesday, as by the middle of the day's trading session the currency exchange rate had touched the 0.6880 mark.
The US Dollar had slowed down its surge against the Canadian Dollar by the middle of Wednesday's trading session.
The weakening commodity prices and strong Greenback are pushing the Aussie towards its 3-month low near 0.7478.
The substantial price increase on Tuesday's trading session was stopped by the 23.6% Fibo.
The yellow metal's price has reached the second weekly support, which is located at the 1,263.56 level.
Yesterday the Buck slightly exceeded expectations, as it managed to appreciate beyond the 111.00 level against the Japanese Yen.
On Tuesday, the Cable behaved in accordance with expectations, having appreciating, but with the 1.2850 psychological level limiting the intraday gains.
On Wednesday morning the common European currency had reached the 1.0950 mark against the US Dollar.
By the middle of Tuesday's trading session the New Zealand Dollar had lost all gained ground since April 11 against the US Dollar.
Due to fundamental reasons the Greenback was reaching for the 1.36 mark against the Canadian Dollar during the first half of Tuesday's trading session.
Despite having strong downside volatility, the Aussie managed to close above the 20-day SMA on Monday.
The confidence in the European common currency continues to increase, as EUR/JPY managed to dash through the 55-day SMA, the weekly R2, the 38.2% Fibo and the monthly PP in the first half of today's trading session.