Bids are expected to be very solid near 1.0650/60 and offers are expected to be similarly solid near the 1.0800 barrier, and it’s unlikely that we can break out of this range without a bit of a fight. Prices are edging lower at present as we sit mid-range, and Asian accounts have been keen to sell the AUD over the last few sessions. Dealers say that amounts are generally speaking quite small but volatility might pick up in the next 45 minutes as the decision looms.