18 pair update: 5 and 10 year averages
EUR/USD 10 year average is located at 1.2179. A break higher then range becomes 1.2179 to the 14 year average at 1.2657. Next levels 1.2040 1.2113, 1.2186 and 10 year at 1.2179. Massive resistance at 1.2179 and 1.2186.
EUR/JPY 5 and 10 year averages as follows: 124.91 and 123.35 then the 14 year at 129.17.
EUR/CHF 5 year average 1.1084.
EUR/AUD, EUR/CAD and EUR/NZD all trade far above 5, 10 and 14 year averages.
GBP/USD 5 year average 1.3237
GBP/JPY and GBP/CHF trade below 5, 10 and 14 year averages.
GBP/AUD 5 year average 1.8220. A break higher targets 1.8611.
AUD/USD 5 year average 0.7281. Must break 0.7243 and 0.7369. Massive resistance point located at 0.7295.
AUD/JPY and AUD/CHF trade below 5 and 10 year averages.
AUD/NZD ranges between 5 and 10 year averages at 1.0700 and 1.1357
AUD/CAD confluence between 5 and 14 year averages at 0.9582 and 0.8593 then next comes the 14 year at 0.9817.
NZD/USD, NZD/JPY and NZD/CHF all trade comfortably below 5, 10 and 14 year averages.
NZD/CAD is key to NZD/USD as the 10 year average is located at 0.8686
USD/CAD 1.3190 is today's 5 year average and VS GBP/USD at 1.3237. Do or die is upon us.
CAD/JPY 83.93 at the 5 year average.
USD/CHF 10 year average 0.9541 and miles oversold.
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