There was quite some activity in some majors this morning. Aussie rallied after RBA held rates steady and released a neutral statement. Cable spiked about 180 pips after a large order in thin liquidity went through on no particular news.

Euro, however, has been trading in 1.1325 - 1.14 range since last Friday, mostly pinned to 1.1350. The range top is the initial resistance before 1.145 - 1.15 (early April highs, 2015 highs) and then 1.1575 - 1.1625 (May high, 2005 low). 1.1315 (50 DMA) is the initial support ahead of 1.12 - 1.1225 (pre-NFP high, April low).

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