AUD/USD Levels/Orders

Interesting price action on the test of 1.05 overnight – rejected there but I would say the follow-through to the downside has been half-hearted, looks like the buying is back in undeterred for now. So, for today:

• 1.0500/10 as an ovenight top should provide selling again.
• 1.0484/89 initial resistance (already been there this morning)
• 1.0452/58 initial support, stops below
• 1.0440/45 is more support and I’m wary of stops below there now