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The EUR at 1.3090 has broken through the short term channel of 1.3164 and 1.3267.

The JPY at 97.64 is staying within the short term band of 96.21 and 98.25.

The AUD at 0.9260 appears to be quite resilient, staying above the 61.8% retracement level of 0.9230.

The US Durable Goods Orders came in better than forecast and the USD clawed an average of about 30bps from the majors.  I was expecting a bigger move.

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