Not much in the way of resistance on the daily chart anytime soon and we are likely to see continued volatility inside recognised ranges. Those clever enough to have bought the dip below .9700 will undoubtedly be more than pleased with a 250/300 pip return, seeing as the range so far for the entire year has been 1400 pips. If the current risk-friendly conditions continue for the rest of the week, we will probably be back trading around parity again. First reports of light sell orders are at .9915, which seems as good a target as any on this run higher.