Currency Tech

EURUSD
R 2: 1.3850
R 1: 1.3839
CURRENT: 1.1.3801
S 1: 1.3730
S 2: 1.3625

USDJPY
R 2: 91.90
R 1: 91.00
CURRENT: 90.44
S 1: 89.90
S 2: 89.50

GBPUSD
R 2: 1.5320
R 1: 1.5278
CURRENT: 1.5230
S 1: 1.4980
S 2: 1.4850

AUDUSD
R 2: 0.9325
R 1: 0.9280
CURRENT: 0.9159
S 1: 0.8935
S 2: 0.8790

USDCAD
R 2: 1.0530
R 1: 1.0490
CURRENT: 1.0139
S 1: 1.0140
S 2: 1.0100

Market Brief

• China asks US groups to back currency stance - FT
• US Treasury Securitary Geithner stated that China should decide that a move to more flexible exchange rate is in its own best interest.
• The BoJ leaves target rate at 0.10% and increases QE to Y20 trln as predicted by Nikkei. The vote was 5-2, Noda and Suda dissent & keeps economic assessment as is.
• Australia Jan Westpac/MI leading index tips 6.3% growth, coincident index up to +3.9%
• Australia Q4 dwelling unit starts printed at 15.1% q/q vs. +6.0% exp.
• New Zealand Q1 consumer confidence index 114.7, vs. Q4 09 116.9.

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