Deep south, not just yet
We presently trade at 0.7401, having tested as high as 0.7420 in early European trading .
Noted sellers circa 0.7415 have been filled, with traders now looking for a test/break of the Asian low of 0.7385
NFP will no doubt play its part, but I think its a sell on rallies ( don"t you just love that one).
My own take is to be short against the Canadian dollar as this will ease the USD shock post data
Aussie heads south again
Aussie heads south again
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