EURO and GBP made the initial drop and firmed up above initial high and are expected to make slide towards close of Japanese session.AUD came below parity and reversed .USD/CAD came closer to parity and reversed .These pull backs are to continue the strong USD gaining moves in them.AUD is expected to come from multi year high still further down and the statistically estimated level is 0.88 area,and in USD/CAD estimated level is 1.03 area.
USD/CHF and USD/YEN are expected to come off the multi year low very quickly in this and next month - the estimated levels are around 100 in USD/YEN and 1.03 in USD/CHF.These are only calculated levels and the market may show deviation during its action.So use them as reference information only.
During European session initial firming up and then slide may be seen.US session may show swing and drop moves before and after FOMC meet (18:15 GMT).
Trade with care during such multi year trend reversal time frame which may prevail till end of September.
However EURO and GBP are expected to make wide range swings during this time frame.