1.0350 holds a large (500+) option strike rolling off today at the NY cut ( 1000 EST) which has helped magnetize the pair this morning, whilst EUR/AUD continues to take the weight of some risk aversion.
AUD/USD support remains in the low 1.0340’s where the 200 day MA currently sits, and there are large bids sighted down at 1.0300/10 ahead of sell stops through 1.0280 and 1.0250. Topside offers now start from 1.0370 up to 1.0400. On a broader view there are barriers either side at 1.0200 and 1.0450.
AUD/USD’s at 1.0346