The daily close back below 80.95 (top of Ichimoku cloud) will have stalled bullish momentum for now and I think we can expect a period of consolidation after the recent strong gains. We so often see cases where interim highs are reached in thin Monday morning trade and aren’t seen again for ages, so perhaps this will be another of those occasions.

EUR/USD is also likely to consolidate in a 1.3325/1.3625 until the next short-term directional move can assert itself. Similarly with the AUD/USD, with range edges at 1.0600/1.0850 likely to hold firm for another while yet.

Good luck today.