• AUD/USD: The first attempt at cracking strong technical support at .9390 failed earlier this morning and it looks like we’re about to have another crack once Europe gets up and running.
  • EUR/JPY: Triggered trailing stops above 129.50 this morning and is still hanging around this level suggesting to me that we might have another try on the topside first.

With USD/JPY looking reasonably well supported, I’m thinking we might have a session or two of bullish USD moves, at least I hope so as I’d really like to reinstate my long position and buy dips in the cable back towards 1.5350ish.