We’ve got the break in USD/JPY above 105.58 and we’re pulling up at the overnight high of 105.70.
Both AUD/USD and NZD/USD have gone through the 300 big figure.
AUD/USD has nudged below 0.9300 to 0.9293.
AUD/USD Daily chart 08 09 2014
We’re still pretty much range bound in the pair with support down at 0.9270 followed by stronger at 0.9260. 0.9230/35 holds further support before the strongest at 0.9200. 0.9375/80 is still the near term target above.
The kiwi is once again edging towards support at 0.9260 and a break will target the the 20 Feb lows at 0.8240.
NZD/USD Daily chart 08 09 2014
Strong support comes in at 0.8205/10 and then there’s potential for the trap door to open on a move down to 0.80 and beyond.
Who needs intervention when the good ole US of A can save your currency ass?
