| The USDJPY is moving back above its 38.2% retracement as buyers make a play |
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What are the key levels in play for the 3 major currency pairs for today/for the trading week?
USDJPY breaks higher this week and extends above the 38.2% of move down from July 3 high
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The 38.2% is close support/risk going into the new trading week. The 50%, 200 day MA and the 100 day MA between 150.757 and 151.599 are upside targets
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The AUDUSD/NZDUSD are moving lower w/geopolitical and risk-off sentiment the catalyst
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The AUDUSD is below its 100 hour MA but still above the 200 hour MA. The NZDUSD is below both MAs. Bearish.
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