USD weaker after US inflation data
Here’s a brief on FX after the data;
- AUDUSD breaks through resistance at 0.7580 and 0.7600. Next res 100 H4 ma 0.7611 then 0.7620/30.
- GBPUSD remains contained 1.3300/-1.3370/80. 100 H4 ma 1.3376.
- USDCHF breaking below support at 0.9890. Next sup 55 H4 ma 0.9884, 0.9870/75 & 100 H4 0.9865
- USDJPY still finding support 112.95/113.00. 200 & 55 4 hour MA 112.87/90
- EURUSD still contained 1.1700/15-1.1765/70. 100 DMA 1.1801
I’ve bolded the bigger levels that need watching but so far we’ve not been able to really crunch them.
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