Technically speaking that is.
The AUDUSD is flirting with support area (so far no bounce - see prior post). What about the other commodity currencies from a technical perspective?
USDCAD. This pair is up testing the you moving average and the 50% retracement at the 1.38697 – 81.
The NZDUSD is moving toward a cluster of support at the 0.6601-08 area. The 100 day MA the 100 hour MA the 50% retracement. All are in the 0.6601-08 area.
Meanwhile the Nasdaq is getting creamed (down 2.63%). The S&P is down 1.58% to 1885.56. It does not bode well for risk.
