Told they’re quite reasonable bids down there from various sources and recent fall was halted at 1.0358. It’s all looking a bit rangy now after Japanese names took the AUD/USD back up through 1.0400, but sellers are camped up around the 200 day MA at 1.0410 and more expected around 1.0420/30.
A break up through yesterday’s 1.0450 high could well spark a stronger run up to 1.0580 , but looks a bit improbable ahead of tomorrow’s job data.
EUR/AUD’s seen some strong profit taking o/n, but doubt the recent trend is over just yet, and see any further EUR/USD weakness likely to be reflected in the pair for the time being
AUD’s at 1.0380 with the EUR/AUD around 1.2310