• Futures up moderately for this Friday morning
  • No major economic reports due out today
  • /ES still looking to break highs of 1337 – this will be a key level to watch
  • EUR/USD has broken the downward trend and is moving higher – it has resistance at a Fibonacci Retracement level of 78.6% (1.443)
  • GBP/USD is also trying to break to new 52 week highs and finally leave its consolidation
  • USD/JPY is finding a consolidation at the 84.77 level and could breakout higher – next resistance is 85.95
  • $TNX is showing another gap up with more selling – look to see if it pulls back to fill the gap

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