EUR/USD stages a recovery
Euro bulls continue to take charge of EUR/USD, with early gains this morning heading towards the $1.1660 area that has provided resistance over the past two sessions.
A move above here opens the way to the $1.1736 area, and then $1.18, creating higher highs on the way. A close below $1.1530 is required to create a new lower high.
EUR/USD price chart
GBP/USD tiptoes higher
The price for GBP/USD has pushed higher over the past couple of days, but remains unable to move on above $1.2980.
From here $1.3040 is the next area to watch, and then onto $1.32. A move below $1.2860 would be potentially bearish, and open the way to $1.2773 and then $1.2635.
GBP/USD price chart
Tariff fears hit Aussie
Trade concerns continue to weigh on the currency, with the AUD/USD price back to the $0.7160 area that has held over the past few days.
A close below $0.7160 would open the way to $0.7016. Any rebound that fails to move back above $0.7364 would still be a possible selling opportunity.
AUD/USD price chart