– AUD volume was high (91 percentile) on the Hammer formation posted yesterday, warning of a near term low in place.
– SEK interest declined as it moved to the bottom of the ranking table.
– The major EUR crosses are all trading on volume below their 1 week average as ranging persists.
– CAD interest remains relatively muted (50th percentile) as USD/CAD pulls back; investors are likely maintaining length.
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Barclays