FX desks scared of their own shadow again 28 Nov
USD demand returning as traders/bots still try to find today's weak spot.
USDCHF up to 0.9835, USDCAD 1.2805, EURUSD down to 1.1878, GBPUSD down to 1.3288, AUDUSD breaching 0.7600, NZDUSD testing 0.692
USDJPY not going anywhere though at 111.30 after early session gains so we're seeing some yen demand too across the pairs. GBPJPY down looking at 147.80, EURJPY sniffing around 132.00 but both pairs have support/demand down there.
GBPUSD too has demand/support around 1.3280 still, EURUSD also nearby with 1.1875 holding so far, AUDUSD 0.7580-85 and NZDUSD around 0.6920 so we need to see those levels break for further momentum.