Will market start September with a bang
The traditional holiday period in the Northern Hemisphere is now over and we often get some really big moves starting in September. It looks like the USD bulls are holding all the strong cards, led by USD/JPY, and even though it’s not my side, I’m at least happy to see the market moving.
Levels to watch:
- USD/JPY optionality at 105.00
- NZD/USD hourly lows at .8340 and trend lows at .8310
- AUD/USD last week’s lows at .9270
- Cable hourly lows at 1.6560/70