Brent is down to a low of $102.78 from $103.55 while Gold is coming off to $1463 from a day high of $1479.
The dollar is continuing to be hit after the poor PMI data
USD/CHF is approaching strong support at 0.9300 which also contains the 100 dma.
The swissy is in favour against the euro and pound also with EUR/CHF testing earlier lows and tech support at 1.2335. Cable’s strength is doing nothing for GBP/CHF although it could hold us above the 38.2 fib from the April lo/hi at 1.4424.
You can’t say we didn’t forewarn you about this volatility.
And as I hit enter USD, GBP & EUR both smash though the lows and support.
