NZDUSD overnight was only pair to break above its Point at 0.6627. Must break first as Vital signal Pair and to serve its rightful position in Currency markets.
NZD leads, never follows. Leads all other currency pairs.
EURUSD Broke 1st at 1.1272. Highly neutral, Traditional follower never leads. This time it did. Wrong position.
GBPUSD Touched 1.2778, then downtown, it traveled.
AUDUSD 0.6981, traded 0.6971 then down.
Strength of trend for all non USD pairs always means JPY cross pairs must follow as rightful position.
JPY cross pair rightful position to majors is attachment to travel together. Protects JPY viability since WW2, a service from the allies.
CHFJPY serves it rightful function as Signal Currency Pair to JPY crosses. Break Point 109.64, now trades 109.76. A Break below usually means JPY cross pairs remains dead and strength of trend for above pairs to trade above break points is weak.
CHFJPY above 109.64 then JPY cross pairs follow.
USDJPY and USDCHF all trade below Break points. CHFJPY , USDJPY and USDCHF can’t trade below
Misplaced, In English called Dangling Modifiers, EURAUD EURNZD and GBPNZD must trade lower especially for NZDUSD and AUDUSD to contain chance to break its point, sustain and travel higher.