Overnight NAFTA news moved CAD and MXN as WH announced: "President Trump agreed not to terminate NAFTA at this time". It is very generous indeed... CAD huge bearish engulfing at a major resistance:
BOJ leaves monetary policy unchanged, boosts outlook for Japan economy. JPY did not move on this.
ECB meeting and the press conference could be more interesting. There is an upside risk to EUR if Draghi mentions ending asset purchases in his press conference. Chart technicals are a bit complicated as usual. We have a gap to fill at major resistance after a double top and a 4h bullish engulfing.
Equity indices exhibit reversal patterns especially SP500 at or near major resistance levels.
