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JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

USDCAD TECHS

Clearing Major Support

AUDUSD TECHS

Sizeable Resistance Building

EURJPY TECHS

Needle Still Points North

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A sharp acceleration higher in USDPEN has resulted in a break of the Mar 30 high of 3.7739. From a technical perspective, the break higher confirms a resumption of the underlying longer-term uptrend. Resistance levels and potential price objectives to watch are:

  • RES 1: 3.8633 1.382 proj of Nov - Mar - Apr price swing
  • RES 2: 3.8879 1.50 proj of Nov - Mar - Apr price swing
  • RES 3: 3.9125 1.618 proj of Nov - Mar - Apr price swing
  • Initial support is at 3.7739, the Mar 30 high.