Levels to watch out for in overnight trade
- EUR/USD: Large bids rumoured near 1.3270 with stops directly below there at 1.3265 from interbank prop types.
- USD/JPY: Last time USD/JPY was near 98.50, China was selling.
- AUD/JPY: Significant break above 89.00 suggests a buy-dip strategy from here.
- AUD/USD: Any levels now near .9050 must be considered a good short-covering opportunity and only a break below .8950 will put the bears back in charge imho.
- GBP/USD: Heading higher pretty soon I think; patience needed and looking to buy exhaustive dips to 1.5280.
- USD/CHF: If you must be long dollars, this looks like your best option!