Euro Gains Overnight

We got stopped out on EURUSD yesterday at break even.

The AUDUSD is still going strong. The minutes showed a 50bp hike was considered but only 25bp went through. A resistance zone is 0.9235 region.

It will be interesting to see the BoE minutes tomorrow to see the rate decision voting.

EURJPY is at a resistance (159) at the time of writing this. Next resistance is 100 pips away. After that 162 approximately is a resistance zone.

Not that much fundamentals for the US this week but everyone will be awaiting tomorrows CPI data.

Forex Analysts
Anne Chapman & Javid Shaik