EURO and GBP made the drop after yesterday US session gains.Lower level wide range swings are to build profit with the initial long positions before making higher level longs to gain levels in the market- that way the average value of the longs could be still below market level - a safe play strategy of the players.
During Japanese session swing and slide moves are expected.
European session may show early session dip and then firming up towards close of the session.
US session may show eitherway volatile moves - a quick gain followed by quick drop and slow gain there after during the session.
USD/CHF and USD/CAD may gain more levels after yesterday's downward stop hunts.
AUD is expected to slowly lose the levels in coming days.
USD/YEN and YEN crosses may quickly drop and gain big in coming days.
Contrarian moves may be seen mostly to handle crosses during lower level consoludation time.