Trial now
USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Holding Above Recent Lows

US EURODLR OPTIONS

BLOCK, Large 3Y Midcurve Put Condor

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • RES 4: 111.66 High Jul 2 and the bull trigger
  • RES 3: 110.82 High Jul 7
  • RES 2: 110.80 High Aug 11 and a key resistance
  • RES 1: 110.45/46 High Sep 8 / High Aug 13
  • PRICE: 109.41 @ 16:29 BST Sep 15
  • SUP 2: 109.11 Low Aug 16 / Sep 15
  • SUP 2: 108.72 Low Aug 04 and the bear trigger
  • SUP 3: 108.56 Low May 25
  • SUP 4: 108.47 76.4% of the Apr 23 - Jul 2 rally

USDJPY edged lower into the Wednesday close, reinforcing the bearish risks. Key support to watch is unchanged at 108.72, Aug 4 low where a break would strengthen a bearish case and open 108.47, a Fibonacci retracement. For bulls, the level to breaks remains 110.80, Aug 11 high. A break would instead open key resistance at 111.66, Jul 2 high. Initial resistance is at 110.45/46.