A quick look at some key levels for the major pairs
The USD has continued to fall.
- The EURUSD making new highs and is looking toward the 1.0717. Close intraday support at 1.0683 now
- The USDJPY falling to new lows and testing the 100 day MA at 119.21. The trend line comes in at 118.97.
- The GBPUSD testing the 200 hour MA at 1.4797 area (1.4800 nice round number too)
- The AUDUSD testing a cluster of resistance with the 200 hour MA at 0.7639, the 50% at 0.76448 and the 100 hour MA at 0.7653.
- The USDCAD is tumbling to new lows and targets 1.2427 – 1.2436
- The NZDUSD has moved above the 100 hour moving average at 0.7519. The 50% retracement at 0.7525 and the 200 hour moving average at 0.7530. This area will now be eyed as support
