- EUR/USD : Resistance 1.2380/85, then 1.2430/35. Support 1.2270/75, then 1.2210/15. Hearing buyers coming in around 1.2260/70 level with offers up at 1.2380 through 1.2400.
- USD/JPY : Resistance 78.40/45, then 78.50/55. Support 78.15/20, then 78.05/10. Usual semi-official bid at 78.00 with large stops below 77.90 .Exporters on the offer 78.75 through 79.00, with scattered stops mixed in .
- GBP/USD : Resistance 1.5715/20, then 1.5745/50. Support 1.5650/55, then 1.5625/30.
- USD/CHF : Resistance 0.9785/90, then 0.9835/40. Support 0.9695/00, then 0.9655/60.
- USD/CAD : Resistance 0.9940/45, then 0.9960/65. Support 0.9905/10, then 0.9880/85.
- AUD/USD : Resistance 1.0560/65, then 1.0605/10. Support 1.0480/85, then 1.0445/50. Hearing stops building below 1.0495.
- NZD/USD : Resistance 0.8125/30, then 0.8160/65. Support 0.8065/70, then 0.8040/45.
I would expect additional covering of the commodity currencies to continue tonight as the market looks to lighten up ahead of euro zone GDP numbers later today.
Good Luck Again .
