From the FXWW Chatroom – {JN} USDJPY Higher => As we expect the market to take off some USDJPY shorts into FOMC and BOJ we like the pair higher. key levels for today’s session are: Support at 120.35 while first resistance lies at 122.25.
{EU} EURUSD Lower => We like the pair lower into the FOMC and are biased to sell towards 1.1061. Support stays at 1.0900 and 1.0796 below.
{GB} GBPUSD Lower => Key levels for the session: resistance at 1.5240 (Friday’s highs) with support 1.4956 (last week’s low) and 1.4897 below (month’s low). EURGBP remains the forgotten cross 0.7200 – 0.7301.
{AU} AUDUSD Lower => We still like the pair lower and key levels for the session are: support at 0.7160 and 0.7080/90 below as well as resistance at 0.7230 and 0.7280 above.
{CA} USDCAD Higher => We remain to like USDCAD higher with key levels for today’s session: resistance at 1.3780 and support at 1.3650 and 1.3600 below.
{NZ} NZDUSD Neutral => We remain neutral on the pair. Today’s key levels are: 0.6640 as support and 0.6897 as resistance.
{SZ} USDCHF Neutral => Our bias stays neutral on the pair. Key levels for today’s session: support at 0.9787 and resistance at 1.0030 (last week’s high).