November 13, 2015
The strongest currency is the AUD today. The weakest isi the EUR.
The AUDUSD rallied strongly yesterday on the back of the much stronger employment numbers and then corrected hard in the NY session (to 50% of the weeks move higher).
Buyers came in and the rise has taken the price back toward the high from yesterday. Traders - took advantage of the level to sell against on the first look. A break above this level is eyed. Looking at the daily chart below, the high is also against a topside trend line. A break will next target the 100 day MA (blue line in the chart below).
For the EUR, the EURUSD had a pretty obvious trading range... I will let the picture tell the story....
