Volatility remains high across all markets but the FX market seems to be struggling to establish strong straight-line momentum. The EUR and GBP markets are already short so dips will be well received and the traditional risk-off trades like the JPY and CHF crosses are at unattractive levels for bears. Sounds like a recipe for some broad range trading. Elsewhere the sell orders mentioned yesterday in USD/CAD held very nicely and volatility in Gold remained stratospheric with no sign of ACBs buying.
Good luck today.