ForexLive Asian market open: Majors pairings steady in early interbank trade

There has been no change in the major FX pairs since the NY close, with EUR/USD trading at 1.2775 after a 40 pip interbank range and the other majores also steady, USD/JPY at 79.10, cable at 1.5820 and AUD/USD at .9835.

The EUR/USD respected important technical support near 1.2625 and has started to retrace and the EUR will also look to start reversing recent losses on the crosses.

Good luck today.

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