UP NEXT: 
Pairs to Monitor:
TECHNICAL ANALYSIS:
EUR/USD: Eurozone Inflation vs US Employment
Whilst we remain below the daily pivot I prefer the bearish bias because we also have the potential for a Double Top, with a Bearish Flag forming just above the breakout line.
With data from Eurozone and US tonight and EURUSD within a messy correction, we are in with a high chance of spikes and confused direction. However if we see poor data from Eurozone and strong employment (or visa-versa) then we may be treated to a clear, directional move.
AUD/USD: Looking weak near the highs
Please watch today’s video for a bigger picture view. But put simply I think there is a strong argument for the resistance zone around 0.8750-75 to hold (at least on the first attempt) which may present an opportunity to fade the move.
The H4 candle, whilst not yet closed, does look very likely to produce a Hanging Man Reversal or Bearish Engulfing to suggest a swing high is in place.
However also take note of the potential for a bullish channel to hold with support around the 0.864-65 level so I will aim for my targets to be conservative.
USD/CHD: Awaiting catalyst (still...)
Yesterday just didn't happen for this pair at all. However we can only live in hope and perhaps today we will see a decisive break.
Due to the fact price is coiling up, lacks direction and of low volatility it means either a) nothing will happen at all or b) we are about to see an explosive breakout.
Therefor it may be better to 'set and forget' to catch a breakout.
Due to being above the Daily Pivot I would prefer to set a buy-stop above the prior swing high to target the highs. I would only consider short setups below 0.9625.
Of course we may not get the breakout today - but it cannot remain contained for ever. So be prepared for when it does.