First move of day sees USD edge higher

AUD/USD and USD/CHF seem to be the two main movers as the USD starts to edge higher across the board. AUD/USD has fallen back to 1.0715 as early Asian dealers set themselves with short positions ahead of the RBA a little later. USD/CHF has also drifted higher and there is some speculation of large stops on the topside, although I have no confirmation at this stage. EUR/USD is currently testing the first reported support level at 1.4520, with 1.4505 the next level below here.