The slide over the last hour’s seen the pair re focusing on the 21 and 200 day MA’s at 1.0375 and 1.0371, ahead of some sizeable bids sitting in the 1.0350/60 zone, which is expected to contain further falls.
EUR/AUD pulled up steadily on the European session from 1.2280 to 1.2339, but faces some reasonable resistance up towards 1.2380/00 which has thwarted recent rally attempts
AUD’s trading around 1.0380 after recent day’s lows of 1.0373 with the cross sitting around 1.2328