by Chris Becker
Markets rebounded in Asia today, following the wild ride from Friday with a small gap down in the major USD pairs now closed to where they started. The Aussie dollar fell below 74 cents and is under pressure going into the London session as interest rate cut bets firm going into the July or August RBA meeting:
I’m looking for that ATR support level at 73.75 to break through on the downside here, while the Pound is poised to have a break out as Asian traders leave it the hell alone, waiting for The City to open:
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