Psychology for major markets Aug 24

EUR/USD – The failed test of 1.17 sees the pair rotate lower. The pair could find support around the 1.16 figure.

USD/JPY – Market participants are waiting impatiently for BoJ's confirmation of a September hike. However, if the signal is not what the hawks want, USD/JPY could see a fast break towards 160 figure and above.

AUD/USD – The Aussie back off further from the 0.7190 resistance. The temporary reset could be broken if we see a strong push from risk asset.

Equities & Others – Broader risk sentiment is indecisive with the lack of development on geopolitical end.