AUD absorbing sell orders

AUD/USD is absorbing sellers as it creeps towards 0.9100.

There is (some, not huge) barrier-related interest to sell ahead of 0.9100 also, so the battle lines have been drawn.

Earlier on I noted AUD/JPY buying and EUR/AUD selling, and today’s data has been AUD supportive also; all coming after yesterday’s positive data and the RBA moving towards a neutral bias away from an easing bias (though they said the AUD could still fall further).

AUS/USD stops above 0.9105