AUD,NZD/Flows and Orders/GBP crosses/USD/JPY

Big levels to watch for during the European session ahead

  • AUD/USD: 1.0510 was the previous high which has held firm for two tests over last few days; watch for large stops below 1.0490:
  • USD/JPY: 84.40 was the interbank high on Monday morning and has again proved to be solid resistance so far today:
  • Cable: 1.6300 has been a high on the daily chart on two separate occasions and should attract both selling interest and stop-loss orders:

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