We’ve spiked up in the last hour or so from $1321 to a high of $1338 as the markets eye of Mordor turns to US debt problems.
We’re back in the short term channel for now and the top end comes in at $1353. ahead of that we have the 55 & 100 dma’s at $1340 & $1343 respectively.
The dollar is continuing to look open to a sell off and USD/CHF has tumbled back below 0.9100 to 0.9080 while EUR/USD continues to push higher up to 1.3537.