EUR/USD if you managed to short just below 1.0800 we tumbled to support at 1.0690/70 for profit taking, with a low for the day exactly here. Longs here today need stops below 1.0650.
Sell a break below 1.0650 targeting 1.0600, perhaps as far as strong support at 1.0510/1.0490.
Longs at support at 1.0690/70 can target minor resistance at 1.0750/60. Further gains meet strong resistance at 1.0800/20. Shorts need stops above 1.0840.
EUR/CAD: Key support at 1.4240/20 - longs need stops below 1.4195. A break lower is a sell signal & we could then target 1.4130/20, perhaps as far as 1.4070/50.
AUD/USD we wrote: potential bear flag forming with a lower trend line at 6945/35 so a break below here should be a sell signal initially targeting 6895/85 and then 6870/65. The pair broke lower hitting 6909 & outlook remains negative for Monday.
A break below the 50-day moving average at 6870/60 can target the 200-day moving average at 6810/00 today. Resistance at 6970/80 - shorts need stops above 7000.
NZD/USD broke the lower trend line of the bear flag at 6330/20 for a sell signal targeting 6295 (hit) & support at last week's low at 6285/65. (So we may see this target hit today).
A break below 6255 is a sell signal targeting 6200/6190, perhaps as far as 6160/50. Expect resistance at 6340/50. Shorts need stops above 6370.
