A ho-hum morning could turn into something more exciting
Some quick observations.
USDJPY is making a meal out of 112.80 so if it goes, there could be some stops under leading to more of a trip up.
EURUSD is just trying to edge above the highs from yesterday and today. It faces more pressure at 1.0585/90 then the big figure.
Cable is still lingering up at 1.2500. It has additional resistance at 1.2515/20.
The big one is AUDUSD which has once again taken itself off into 0.7700.
AUDUSD H4 chart
There's additional resistance right here around the 0.7720/25 area but if we break above, and then hold 0.7730/35. We could have a proper break of a long held range.
