Seems the bid in the 1.0440/50 zone is holding up well despite some persistent pressure. A break here opens to the next tranche of bids down at 1.0400/10 which are reportedly larger, but sell stops are in place on a break there ahead of the 100 day MA at 1.0378.
EUR/AUD’s also running into a wall of offers ahead of 1.2420, where tech resistance lies at 1.2412 (kijun line) the 200 day MA at 1.2413 and a 31.8% fibo retracement of the Oct-Nov fall at 1.2415.
AUS/USD’s at 1.0441 with the cross at 1.2411
