While the market closes down for Xmas interesting currency levels become clearer

Usd weakness continues and Usd/Jpy is challenging 120 to the downside
Eur emerges a stronger currency and seems set to break previous highs after the retracement
Gbp/Usd is building support above 1.48, Aud and Nzd are stronger against the dollar, too

With thin liquidity and most traders home for the holidays it does not seem wise to trade today
The picture will be clearer when the markets open again

If support at 120 breaks for Usd/Jpy before year's end
It may be time to go long Eur/Usd and Gbp/Usd

Before then, I wish you all a wonderful and loving Xmas!
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