There’s talk of strong bids at 0.8750 after the break of 0.8780.
There are stops below 0.8750, which could take the pair to technical support at 0.8730, which was the Feb low. More bids at 0.8700 followed by the 2014 low of 0.8660.
The Australian calendar is light until next week’s retail sales report and the China official manufacturing PMI.
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