Risk currencies have moved slightly higher on the back of the solid China data. EURJPY has jumped from 134.25 to 134.55, with USDJPY up to 89.65 from 89.50. Moves are not dramatic, as data was within forecast ranges.
AUDUSD was unable to break 9330, after trading up into the 20s. The next few hours will be vital to see if it can push higher, or whether the sellers will emerge to hit a longish market. I’m still a seller until 9340 is taken out.
