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.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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