- EUR/USD: I remain very bullish especially now that support levels at 1.1060/80 were vindicated. I’m looking to add to longs on any 100 pip dips.
- USD/JPY: Semi-official bids being reported below 112.50 which will slow bearish progress but I remain very bearish and it won’t take much in the way of negative risk sentiment to knock this pair below 110.
- Cable: The GBP will stay volatile on the crosses so whilst I’m happy to buy dips ahead of 1.4040, I’m guarded about having too much exposure especially if EUR/GBP breaks above .7900 again.
- AUD/USD: I’m expecting some sideways consolidation between .7350/.7650 before it breaks higher again.
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