POSITIONING => We continue to prefer small positioning for the time being – short EURUSD, NZDUSD, long USDJPY- waiting for clearer signs from the market to ramp up risk- still cautious for the moment.
Small Short EURUSD => We maintain our small short here. Levels to watch for the session are: first support zone at 1.2630 then 1.2600, with resistance at 1.2680-90.
Small long USDJPY => Here we maintain our small long position, with key levels to watch: Support at 106.70 and then 1050.50, with resistance at 107.50.
Flat GBPUSD => We are still flat here with key levels: first support at 1.6012 and then 1.5950. On the topside, resistance is at the 1.6225-30 region.
Small Short NZDUSD => We are have a small short position with key levels for the session: support at 0.7780-95 area and then at 0.7685-0.7705. On the topside, the key resistance level is at 0.7880-90 and then 0.7950.
Flat AUDUSD => We remain flat here with levels to watch: support at 0.8730-40 and then 0.8645-55 (YTD lows). First resistance at 0.8820-30, then 0.8860 (last week’s high).