We’re picking up from earlier lows of 0.9715 with some strong buying in the 0.9735/40 area just now from a major Australian bank.
Levels to keep an eye on are the NY low of 0.9707, where there are likely bids , but a break down through 0.9700 will target the lows seen earlier on Monday of 0.9622.
Topside offers should start towards 0.9780, with a break up through 0.9810 needed to kick start upward momentum
