AUD shorts are continuing to get squeezed a little in early trade. It finally looks like the AUD is starting to find some support after the trashing its been getting.
There is no fresh news in the wires.
We are entering inot an area of resistance from 0.9470 to, say, 0.9510.
A break through 0.9520 will see trading stops get triggered, but there are sellers on the way up so any spikes higher will be unlikely to follow through without backing and filling at least.
