All of the major pairings are trading close to their NY closing levels after a fairly uneventful weekend on the news front.
USD/JPY traded all day Friday in a 15 pip range and it looks like it doesn’t want to go any higher without help from the BoJ. The AUD/USD stalled again ahead of the big option level at .8475 and from a technical perspective, both EUR/USD and cable made disappointing closes to the week after breaking above important resistance levels.
Good luck today.
