– NZD continues to top the volume list after the range break earlier in the week in NZD/USD.
– Overall volumes remain in the top 10% as investors continue to jockey for position ahead of month end.
– High volume on a bearish candle in USD/CHF points to near-term bullish exhaustion.
– Higher overall volumes in the JPY crosses point to profit taking and a potential reloading of JPY shorts.
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Barclays