Its a market holiday in Australia today so there is no chatter coming from desks this morning. We’ll have to wait for Tokyo, Hong Kong and Singapore for that.

But we can get a look at some technical levels.

Topside: 1.0480/90 and through to 1.0510

Downside: 1.0390/1.0400 is initial support (we are just above there at present). Then 1.0360/70.

Like I said, its an Aussie holiday so it could well be nothing much until London gets active – we’ll see. There may be some more information available once Tokyo etc. starts; if so I’ll update.