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Old 11-20-2008, 06:47 AM
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Good Morning

Good Morning all

Well well,the Asian overnight session has really hit these Yen pairs over the last few hours along with EURUSD, whilst cable, the weakest of the pack of late has been quite resilient.
Yes I do believe it has the capacity to move lower, but also I am thinking if it was going to go with the rest it would have done so.

There isn't really a lot other than the potential of a short cable if it breaks the 1.4900, so I would be a bit cautious early doors.
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