Got to be loving the jobbing opportunities this morning. If only I wasn’t busy posting here!
Anyhow I hope you’re all making something out of the roller coaster ride we’re seeing in a few pairs and cable is now posting fresh highs of 1.5666 in another round of buying after the post-retails dip. I’m square at the moment looking to sell again toward 1.5700. But those rally sells recently have proved useful eh ?
This latest rally is general USD selling really though as EURUSD grinds higher to 1.2335, USDCHF falls to 0.9760 support again and AUDUSD looks to test the offers between 0.8200-10 in what has now become a pivotal area.
EURGBP is holding around 0.7875 and now seems destined to range 0.7850-0.7900 for a while, today at least
