AUD/USD has run into strong offers at 1.0520 that extend to 1.0550. If it can chomp through those it would be a very positive sign.
USD/CAD has fallen to a fresh three-month low at 0.9875. An eventual slide to 0.9800 looks like a safe bet but it’s always a slog with this pair.
EUR/USD offers now seen at 1.2370 with buy stops above 1.2380.
We have been talking all week about EUR/AUD longs but the pair looks to be tracing out an inside day that is setting up consolidation for the remainder of the week.
