CitiFX Technicals point out that both EUR/USD and AUD/USD posted bullish outside days on Friday. In terms of EUR/USD, the last time this happened was on July 13 from which it went on to post a 272 point gain over the next three days – CitiFX says that would see us at 1.3760 within three sessions!
In terms of AUD/USD they expect a move back to 0.9850 (the post float high of 2008).
