There has been very little movement in the FX market over the last 4 days with only some modest moves in the EUR and JPY crosses. Today is shaping up to also be fairly quiet in Asia, with little of note on the economic calendar.
I’m looking to build into a EUR/GBP short position over coming weeks, I’m also looking to buy deep dips in the AUD/USD, and I remain totally neutral on USD/JPY. I will run through the levels I’m watching in the individual pairs shortly.