Intraday Technicals: AUD & NZD vs. USD: Near-Term Weakness Ahead?
| CURRENCY | CURRENT BIAS | POTENTIAL STRATEGY |
| EUR/USD (Short Term) |
 |
Waiting for a new pattern to emerge |
| GBP/USD (Short Term) |
 |
Looking for a selling opportunity to emerge |
| USD/JPY (Short Term) |
|
Waiting for a new pattern to emerge |
| USD/CHF (Short Term) |
|
Currently testing 78.6% near-term resistance |
| USD/CAD (Short Term) |
|
Consolidation continues |
| AUD/USD (Short Term) |
|
Slight bearish bias on break of near-term bull trendline (see 2hr chart) with room down to initial 23.6% fib support near 1.0170, then 38.2% near 1.0080 |
| NZD/USD (Short Term) |
|
Consolidating after test of 61.8% daily resistance. Near-term bull trendline break points south with room down to .7465, then .7400 (see 2hr chart) |
Commentary from Roger Stojsic and Brad Gareiss, Technical Analysts, GFT