A look at what is on the board for today
Just a couple to take note of on the day, as highlighted in bold.
The one for USD/JPY at 114.25 may not be all too significant, with price action resting below the key hourly moving averages of 113.80-83 and 114.00 for now. But it is something that could limit upside in case of a shoot higher later today - unlikely though.
Meanwhile, the large ones for EUR/GBP may keep price action more sticky around its 200-day moving average at 0.8580 as well as daily trendline resistance (also @ 0.8580) before rolling off later in the day.
For more information on how to use this data, you may refer to this post here.
