EUR/AUD’s back in play again this morning with the pair heading down towards the January all time lows of 1.2228. We’re just off day’s lows of 1.2257 having been as high as 1.2302 in Asia overnight.
AUD/USD’s got a few bids around 1.0690/00 and just filled some corporate ones on the way down through 1.0715/25. On the topside there’s some pretty chunky resistance in the 1.0750/65 area as well as in the 1.0790/00 zone which are protecting a very large barrier at 1.0800.
AUD’s sitting at 1.0707