Seems to be rather heavy on the back of some ongoing EUR/AUD buying which has seen a move of over 200 pips higher this week.
AUD/USD has sovereign bids between 1.0050/1.0100, sorry i cant be more exact there
Large sell stops just under 1.0050, but apparently large bids 0.9990/00 from exporters.
On the topside should be some tech resistance around yesterday’s high of 1.0164 and 1.0209 ahead of the ichimoku cloud top at 1.0235.(55 day MA also at 1.0234) Haven’t actually heard of any firm offers so far.
