As risk trades get nudged lower late in the NY session, the AUD/USD has taken out hourly support and traded at session lows but remains above the day’s lows. The AUD/USD was last at 1.0287 amid a 1.0272-1.0339 range so far. The Dow continues to retreat from its fresh 8 day highs and this appears to be weighing on risk trade with the Euro, cable and yen crosses all heading towards lows for the NY session.
