AUDUSD has benefitted today from the strong economic data, moving up thru 8110 as we speak. Market is still awaiting the RBA decision before any decent flows are seen. Their statement will be the key.
Any pullback to 7930-50 is now seen as the buy area. Topside market is gunning for the 61.8% Fibo level of 8380. On the day, look for 8050 – 8150 range to see us out. I wouldnt be surprised to see European Funds chase the AUDUSD higher tonight.