Some sell stops triggered through 1.0390 to lows of 1.0387, but some decent bids lie below in the 1.0375/85 window and now picking up talk of more stops poised on a break of 1.0375 ahead of some bids 1.0345/55. Major technical support comes in down at 1.0310 ( 200 day MA).
EUR/AUD’s just hit fresh 8 month highs of 1.2950 with next band of notable resistance up at 1.2990/00( May 23 2012 high 1.2992)
AUD’s sitting around 1.0390 with the cross around 1.2944
