• Sellers ahead of 1.0400 held it overnight, there is still selling 1.0400- 1.0420.
  • Stops above 1.0425, sellers again 1.0435/40
  • On the downside, bids around 1.0360 and then again 1.0340

On the data front there is basically nothing except the Westpac/MI Leading Index at 0030GMT, which will have little impact.

There is buying pressure again today, much of it AUD/JPY related, expect a test of the sellers today.