AUD/USD shorts at 7220/30 offered 100 pips profit this morning as we hit 7130/20.
The outlook remains negative as we look for 7105/00 & 7080/70, perhaps as far as 7040/30.
NZD/USD breaks for a sell signal 6660/50 targeting 6605/00 & 6560/50, perhaps as far as 6520/10.
I very much doubt we will see any strength today, but if you were awake overnight for the central bank meeting you were gifted the chance to sell on above out to 6650/60. Shorts need stops above 6680.
Trends
- Weekly Outlook Neutral
- Daily Outlook Neutral
- Short Term Outlook Neutral