I hope the lively trade from overnight can wash over into Asia today. Cable was the big mover, enjoying a 300 pip range, and my initial target at 1.5285 has almost been met. EUR/USD has also been dragged higher but is likely to meet Sovereign selling between 1.3825/50. The AUD/USD keeps grinding its way higher and anyone trying to short this pair must be feeling rather disillusioned. USD/JPY continues to trade in tight ranges and will probably continue to do so for the rest of the month.
Good luck today (agus La Fheile Phadraig, which means happy St Patricks day to the non-Gaelic speakers!)
