USD buyers back in the driving seat 19 Feb
USDJPY back up around session highs at 106.70 with GBPUSD falling to 1.3961, EURUSD 1.2370 and USDCHF up to 0.9315 with EURCHF holding 1.1520 again.
EURCHF with support at 1.1500
GBPUSD has support/demand between 1.3950-60 and EURUSD 1.2350 while USDJPY has offers/supply/res between 106.80-00 and USDCHF between 0.9330-50. All decent levels to break so I expect range trading to prevail for the moment still.
AUDUSD still hanging onto 0.7900 though and not retreating as far with large (3.3bln) option expiries at 0.7950 rolling off on Wednesday as I reported earlier. That should help keep the range contained as both sides battle it out. 0.7880 now a line in the sand.
AUDUSD range contained
