With Australia and New Zealand now having changed their clocks into winter time, there is a much shorter twilight zone for stop-loss driven moves to occur. Most of the majors are close to their Friday closing levels and with some financial centres still closed for the long Easter weekend, a quiet days’ trading is expected. Cable has been the exception this morning, currently up 60 pips to 1.5275 from the NY close and EUR/GBP is testing technical support at .8830/40.
Good luck today.
