I do not perceive any big changes in the board today.
What was resistance now becomes support in the spu.
1085-87 on the downside for first support….with
1111+- a couple of points remains the big upside hurdle ( unchanged on the year)
intermediate resistance is now at 1095
Aussie…Same as above…the old resistance of 8850-70 should now hold any retracements if the
upside breakout is real.
The risk on relationships are to be watched
long spu/ short bonds
long Aussie/ short yen
