It was a mixed bag of action last session with the US$ and US stocks lower and commodity currencies a bit higher. Key S/R levels remain in focus for many instruments though so watch these, and trend lines, for any new breakout.

Data: lots of PPI data this session:

Earnings:some big names report on Wednesday:

DXY daily: a new TL break so watch for any push to 88 S/R:

Trend line breakouts:

AUD/USD 4 hr: a new TL b/o but watch 0.78 for any new make or break:

NZD/USD 4 hr: a new TL b/o but watch so watch for any push to 0.73:

Other markets:

S&P500 4hr: below 4,150 so watch for any new weakness (NB: bottom trend line isn’t that valid):

ASX-200 4hr: below 7,000 so watch for any new weakness (NB: bottom trend line isn’t that valid):

Gold 4hr: this TL b/o hasn’t moved far:

EUR/USD 4 hr: a new TL b/o but keep watch of 1.22 for any new make or break:

AUD/JPY 4 hr: watch 85 for any new make or break:

GBP/USD 4 hr: this TL b/o is still at 100 pips but watch 1.42 for any new make or break:

USD/JPY 4 hr: watch for any new TL b/o:

GBP/JPY 4 hr: watch for any new TL b/o: