• -0.15% - profit taking into Thursday's commodity led 1.25% bounce

• Expectations of a vaccine lead global economic rebound support

• Commodity strength is overcoming increased China trade tension

• A commodity correction, would probably bring China back centre stage

• Charts, daily, weekly and monthly 5, 10 & 21 MAs all trend higher

• 0.7516, 76.4% of 2018-2020 fall broken - door open to 0.8136 2018 top

• Close below 0.7433 10 DMA, a base in this climb, ends topside bias

• NY 0.7483-0.7540 range is initial support-resistance

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