As i hop into the hot seat for the session the first thing i notice are the Asian equity markets which look like they could all finish in the positive today which would be the first time this week at least, that has occurred. Given that we have been selling all the high yeilders/risky currencies i feel there is good chance that today we go back the other way. So tonight i would be looking to buy dips in EUR/USD, AUD/USD as well as buying breaks in those currency pairs plus the Cable too. I will look at each of these in turn throughout the afternoon with some charts to back up my mad ramblings.
Just something for you to think about, if the AUD/USD cant break below 0.6300 it is heading back to 0.7500!