Morning traders, AUD longs (or NZD longs) in the spotlight from here forward, bullish seasonal flows start today and continue up to April 16 (see Sunday Briefing for more details) we prefer AUDUSD or NZDUSD longs for three reasons, first commodity currencies stay supported due to the high commodity prices, second because it moves us away from the geopolitical headlines in Europe which is a good idea, and third the RBNZ is also expected to deliver a decent 50bps hike this month, will update you with the details when we set a pending order Elsewhere the EUR is still the underperformer across the board (EURCHF longs stopped) as the threat of further sanctions against Russia weight on sentiment, we monitor the headlines for important shifts in sentiment as the peace talks are still ongoing between both sides