The US$ closed higher last session and looks like it could be trying for a recovery: note the look of a bullish-reversal descending wedge on the daily chart. Watch today with US GDP to see if this impacts the recovery or not. Any bullish breakout will likely drag the commodity currencies lower.

Data:

DXY daily: watch for any wedge breakout:

Markets:

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

ASX-200 4hr: watch for any new TL b/o:

Gold 4hr: back below $1,900:

EUR/USD 4hr: the 1.22 level looks to be the one to watch:

AUD/USD 4hr: the 0.77 and 0.78 levels looks to be the ones to watch:

AUD/JPY 4hr: choppy!

NZD/USD 4hr: the 0.73 level looks to be the one to watch:

GBP/USD 4hr: the 1.41 level looks to be the one to watch:

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

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

BTC/USD daily: note the hold above the 61.8% fib: