With all of the action usually happening in the 2nd half of the European session or during North American trade, it’s getting very difficult to trade during Australian hours. The EUR and GBP in particular seem to remain stagnant for hours on end and it’s difficult to get a good feel for either currency.

Despite the overnight stop-loss driven break below 1.3770 technical support, the fact that we closed back above there is modestly bullish imho.

I remain in the EUR/USD bull camp so on the off chance that we get a dip during Asian trade, I will happily buy into it.