Levels to watch through the European open
- EUR/USD: Support solidifying near 1.3000, not much in way of selling interest until 1.3100.
- USD/JPY: Looking bullish after break above 98.75, next resistance at 99.25.
- EUR/JPY: Former trend-line resistance at 128.50 should now form support, technical target at 129.90.
- AUD/USD: Intraday support at .9220 with resistance lines pretty clear .9345/50.
- Cable: Pre-GDP highs at 1.5330 should provide initial resistance.
- Gold: Support expected 1150 (ACB bids).