majors

The AUD/USD continues to find solid buying interest ahead of the 0.6280 level whilst the EUR/USD still needs to take out the important 1.2750 level and until it does the pressure will remain on the lower levels with 1.2300 not out of the question. Cable is managing to hold its head above water for the moment but it is hard to see this continuing once London comes in as i think they have happily expressed their disinterest in the Cable. I am still targeting 1.3630 which has been a previous daily low as the next major level to pay attention to.