– AUD/USD posted its strongest volume since March and volume was also in its top 6th percentile of the past year.
– However, NZD/USD has exceeded the AUD/USD ranking as price dropped below 0.8155 support, warning of further bearish potential.
– Following a sharp surge in EUR/CHF, volume has waned as a pullback unfolds.
– Despite the ongoing bear trend in May, EUR is far from a standout, ranking 10th in terms of G10 currency volume. Similarly, JPY interest has also declined.
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Barclays