FX weekly — DXY and 14 currency pair levels and targets

Oversold anchor currencies are responsible this week to dictate price movements. Anchor currencies as EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD

, USD/JPY. Cross pairs and wide rangers will follow as GBP/AUD, EUR/AUD, EUR/NZD and GBP/NZD.

Deeply oversold AUD/USD and NZD/USD again targets higher levels at 0.6513 and 0.6019. AUD/USD 0.6571 and NZD/USD 0.6073 are required breaks to travel much higher o 0.6600's and upper 0.6100's for NZD/USD. The successive raise to interest rates not only caused far more damage and with little if any assists to drop CPI. USD/JPY ranges next week 201 pips from 145.36 to 147.37. USD/JPY last week traded 210 pips. Most important to USD/JPY is 144.00's then 142.00's as the next vital average. USD/JPY 144.00's held for the past 2 weeks.

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