mercredi 15 février 2017

The Feb high has kept below 0.7700 (0.6996). Trading above 0.7700 now

The AUDUSD is trading to new session highs and in the process is breaking above the triple top seen in February.   That ceiling stalled at the 0.7696 level. We are now trading above the 0.7700 level and trying to hold that level.


The pair is being helped by the other dollar selling. 

EURUSD, GBPUSD, USDJPY, USDCHF, and NZDUSD are all at new dollar low levels for the day.  The USDCAD is the only major pair that is not trading at new day lows for the greenback.

Gold is up about $3 and trading at the highs for the day. The US stock market is still trading higher, but coming off the highs now.   Are we going to reverse those gains now?  S&P up 3. Nasdaq up 12. Dow up 67. 

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