I say that with some amount of humour as the markets are range bound of late and clear directions are harder to find. The Kiwi has come down a long way and currently just on major support around 0.8540.
We have seen a 100 pip drop in the euro this week and is now also coming into major support around 1.3430.
The pound is looking like closing below 1.7000 for the week but there is a major pivot level at 1.6970 and fairly clear sailing down to 10 if it breaks with momentum selling so yes the bulls will be nervous indeed.
The aussie’s not quite sure what it wants to do has had close to a 100 pip run up over the week and back to opening levels at 94 another major pivot level. With the events currently in play around the world risk off may come more into play so bear that in mind.
And the swissie, always fun to watch, major support at 0.9030 now should hold with possible 91 in sight and bear in mind that EUR/CHF is coming into a major support level at 1.2140 so may provide an extra bounce.
As always check the economic calendar before placing a trade as news releases have a habit of not making your day if you forget, so don’t forget.