Current Forex thoughts: Tuesday 11 November AUD/USDOANDA:AUDUSDjohnelfedforexblogThe positive environment has been dented slightly by NVIDIA falling (thanks to SoftBank selling shares) and the ongoing US / CHINA 'rare earth grapple'. But it hasn't dented my view of looking for 'risk on trades'. The GBP recovered from disappointing EMPLOYMENT data, perhaps propped up by its relatively high interest rate, also, positive SWISS / US tariff talk seems to have boosted the European currencies. But I suspect it could be a bumpy road ahead for the GBP. Currently, I'm awaiting fresh confidence in a 'risk on trade'. Which would be any 4hr resistance on USD or JPY charts being broken. Or continued tests of 1hr support holding. Finally, despite higher than forecast NZD inflation data, I still consider AUD NZD long viable at 4hr support.