Welcome Again for another Update!

After nine hours since our last visit…let’s check in with our “Two Triangle” Friends, and their Cousins!

We do have some Risk Appetite slowly entering back into the Markets today… as we often see when we have such clear and singular directional moves.

Reversals and Retracements are an essential and healthy part of all Price Action and Sentiment… surely today is no different!

The Aussie Dollar rebounds on the back of the Asian Sector movement overnight (for me), and we find our “Transitive Rollover” of Support and Resistance met as an ideal Goal @ .6400 Handle Area.

Next up if Appreciation continues for the Bulls would be strong Resistance around .6450.

Give the Captures a Click for Commentary, and Post-Time is 11:45 GMT.

The Loonie also clocks i with a Momentum-Based directional move… with the Canadian Dollar itself strengthening back towards the Topside of our Daily Triangle… but as of this Writing… we are “locked” into  the horizontal Range of the 1.2740’s and 1.3020’s.

Bullish views may favor a more significant correction here to continue “in concert” with the current Uptrend… and Bearish Views may be thinking about another Test of the 1.3000 Massive handle.

Now… in my personal view … Massive Option Barriers up here would not be out of the question at all!

Please be mindful of this moving forward.

As the CVJ Fan Club Guys would say, “Hey CVJ!… We need to try and ram the Truck through that 1.30 Brick Wall there!”…    

How about Gold and Crude Oil?….

Here are the Daily Views of both to simply see where we have come since our Posts last week, and we will drill down for the next Update.

Be mindful of Big Ben and more Rhetoric coming your way, and Equities will also be an ongoing Factor considering our Risk Appetite/Risk Aversion Climate… and we will check in a bit later to see, as always, where we are progressing!