Australian Dollar during the total selloff last Friday (February 28) has touched an important support level at 0.6432 against US Dollar. The current AUD to USD pattern is very similar to the culmination of sales, which in turn gives hope for the beginning of a full-fledged pullback, which may well turn into a global reversal.
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EUR/USD long positions above 1.0950. Global support remains at 1.0450 level
The British Pound has been sold heavily in this Monday (September 8), market opening price 1.6198. GBP/USD closed in NY Friday at 1.6327 (GAP 129 pips).
Short positions below 107.20 with targets 100.00, 98.60, 94.30
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Long positions above 1300 with targets 1350, 1380, 1440
Long positions above 85.00 with targets 93.50 – 97.70
Long positions above 1.20 with targets 1.30 – 1.35
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