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AUDUSD higher on back of AUDJPY

By   || July 20, 2009 at 03:52 GMT
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Good buying of AUDJPY has been seen today. Once thru 76.00, stops were triggered running up towards 76.50 and it hasnt looked back. Technical resistance at 76.60(high on the 7th July).

Even subdued PPI numbers were unable to hold the AUD back moving into the 80′s were it found some resistance. Look for 8050 to lend some support this afternoon with strong selling seen 8100-25. Im a seller into the rally above 81c

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