EURUSD higher on the day now
The EURUSD has moved into positive territory (closed at 1.1177)
The GBPUSD has filled the gap and then some. It is trading above 1.4377 level (see prior post), corrected to the line and shot higher. The GBPUSD is acting like the EURUSD did yesterday.
The USDCAD is rebounding off it's low. The low stopped right on the downward sloping trend line.
The AUDUSD has moved above topside trend lines (see chart below). It trades between the lines now. A move below might be a signal for more corrective moves. A move above keeps the train moving.
This week the RBNZ eased. Tne NZDUSD moved sharply lower. Yesterday the pair rebounded by until the dollar started to get hit 5 or so hours ago, it had been up and down with higher lows. The break back above the 100 and 200 hour MAs (and 50%) and other dollar selling, sent the pair back higher. The high from just before the cut has not been reached (at 0.6789 - the high has come in at 0.6772) but it too is being swept with the dollar selling at the end of the week.
