I was watching Al Brooks last night on trend, reversal and range, I think we should really appreciate the once per year trending opportunity in equities. The trend is so strong and so rare. Take it as long as you can and enjoy the ride!
Currency majors are all in a range. Worth noting is EURO. Let's see whether it can break 1.32 this time. GBP is waiting BOE rate/QE decision tomorrow. AUD got the cut and slid to the low. Let's see whether it can hold here. JPY is still in a range ... You don't want to bet for a long in JPY without the second test of the 99.5 area.