USD starting to look stronger but needs to break up against the EUR and JPY

  • AUD/USD has managed to break back below strong technical support at .9520 and cable has formed a short-term topping pattern. But some of the other major pairs are still undecided.
  • USD/CHF has some interesting support nearby between .8860/90 but if that breaks, dont be caught long.
  • USD/JPY has been holding back above its 200-dma at 97.38 but a daily close below will seriously undermine the bulls argument.
  • EUR/USD doesn’t seem to want to fall, despite all that’s happening around it.


  1. Not really mate, just reading in chatroom that some ‘sharp’ guys have been buying near 9505 but I’ve got no string feel at current levels. Buying big dips still my play

Leave a Reply

Your email address will not be published. Required fields are marked *