The key talking point on the desk today is what exactly is going on with the USD and whether it is time to get back into longs. I have been bullish on the USD lately, but while the longer-term prospects of the USD are strong, there are other forces in play in the short-term which are keeping the USD bulls away. I was looking to work offers into 1.3800 on EUR/USD, but am staying out now until a more compelling bearish technical picture develops and clearly shorting AUD/USD is a no-go and if anything looks set to test 0.9500. (VIEW LINK)