USD: Sentiment still bearish but some big support levels continue to hold

• USD/JPY: Until we get a strong daily close below the 200-dma (currently at 97.38), the bulls will maintain hope;
• Cable: Possible double-top now at 1.6260 and further resistance behind there at 1.6310- market needs to close above the latter to generate fresh momentum;
• AUD/USD: The 200-dma at .9740 is the big level to watch here and has proven to be strong enough on the first test.

Watch out if all 3 levels break!