Tricky day shaping up with clearly bullish tone but with possibilities of tops… action could be quite volatile and brutal if key levels break:
- EURUSD > bullish with most looking to short a failure here, mid 37s of 38s but be careful of the breaks, as they will be bought.
- GBPUSD >still bearish, these 5080s are the key, if they hold > if not, longs into next levels.
- USDJPY> like yesterday, still looking long > it held those 90,20s and is consolidating higher.
Stay safe, will most likely be a difficult trading day…