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Resistance levels in focus ahead of lots of data.

US stocks gapped higher on Goldman Sachs earnings but key resistance still lies ahead for many instruments ahead of a day with lots of high-impact data.

 

Data: Watch today with AUD Employment data, GBP GDP, the ECB rate update and US Retail Sales data.

 

Earnings: Some big names report on Thursday:

 

DXY daily: lower again last session BUT note the long lower shadow. Watch 96 for any new move; especially with today’s ECB rate update:

 

Trend line breakouts:

EUR/USD 4hr: this TL b/o is now up 140 pips BUT watch the 1.14 level with today’s ECB rate update:

 

USD/JPY 4hr: lower BUT watch 107 for any new make or break:

 

Other markets:

S&P500 4hr: higher BUT still struggling at the recent High so watch this for any new make or break:

 

ASX-200 4hr: watch 6,100 for any new make or break:

 

Gold 4hr: watch TL for any new b/o:

 

AUD/USD 4hr: watch 0.70 for any new b/o:

 

AUD/JPY 4hr: watch 75 for any new b/o:

 

NZD/USD 4hr: watch trend lines for any new b/o:

 

GBP/USD 4hr: watch trend lines for any new b/o: