Levels to watch in the FX market, Friday May 3rd
- Remember that China and Japan are closed again today so it should be quiet in Asia.
- AUD/USD bids at 1.0220/25 continue to holds the bears at bay (I expect these bids to cancel before NFP).
- EUR/USD has solid technical support near the overnight lows at 1.3035.
- USD/JPY barrier protection ahead of 97.00 continues to dominate this pair.
- EUR/CHF is testing support levels near 1.2200.