Australian dollar now lower on the day

The move in the Australian dollar is still relatively small but it's coming under increasing pressure as equities dip. It's Thanksgiving week in the US and that's going to start sapping liquidity tomorrow but the chart in AUD/USD isn't a good one at the moment.

There is some support kicking in at the Sept low of 0.7169, which is now less than 50 pips away.

Australian dollar now lower on the day