My target of 8940-50 was just about achieved last night and my short position closed. AUDUSD still feels heavy and expect more range trading in Asia today. Longs will look to exit 9020-40 zone, with stops above. As Sean mentioned earlier, solid bids at 8940 should hold AUD for the day, but under there and its back towards 86c we go. Respect the 8940 area, play range cautiously from the short side.
Nice move in EURAUD as well overnight, look for some support at 1.6100 on the day.