It's been a soggy session for the Aussie dollar post-RBA 2 May
They left rates on hold as widely expected and AUD had a brief rally above 0.7550 but since then it's been one way traffic to 0.7512 as I type as traders/bots take money off the table.
Bids/support nearby at 0.7500 then 0.7480. Offers/res now around 0.7520-25 then 0.7550.
Better risk sentiment generally prevailing has seen gold flat-lined around $1255 so we can't go there for further clues. Yen selling ordinarily would see some support from AUDJPY demand but that's not happening either as we've seen a fall to 84.29 from 84.50
While we're on the subject of things antipodean a quick heads up for NZD traders that the latest GDT dairy auction is currently underway. Results normally known around 13.00-13.30 GMT
