Aussie has been notable for its resiliency the last few sessions, holding up well despite a wave of position adjustment in the wake of the US employment report. This makes sense given hopes for a global recovery which should help boost the resource-rich Australian economy. Logical trades can become crowded however, so pullbacks are an inconvenient fact of life. Small stops are being triggered as we write, as AUD slips below 83.75/80 intraday support.
Next support of note is down at 0.8327, the overnight low after a stop-loss run in Asia Monday morning.