Weaker data from China has given Dollar a safe haven bid this morning.
EURUSD -- 1.1583
With a narrow close above 1.1600 some EURUSD bulls got exited on friday. But that party was short for the time being. As long as 1.1640 holds (minor resistance is 1.1620/25) the bearish case is valid.
USDJPY -- 114.35
The reaction in USDJPY is muted with a 10 pips higher spot rate than friday close. If things get deeper in the red for risk assets the currency pair should trade lower soon. We would see another leg higher after a sustainable break of the 114/115 resistance zone.
AUDUSD -- 0.7395
The Aussie lost 25 pips overnight and shows the most convincing price action. As long as 0.7440 (high of friday) holds the pair should correct lower. Next support is the 50 ema (0.7338)
Good luck,
SebboFX