• The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and resistance at .9715/40;
  • Short term support levels start at hourly lows near .9570;
  • Real-money bids were reported last week starting near .9550;
  • Macro funds were on the offer .9675/80 end of last week;
  • I still favour the buy-dip strategy here but patience required.