With traders looking for much better than expected numbers, longs have had to trim positions in AUD, EUR and GBP, pushing them back to the day’s lows so far. EUR has found support just ahead of 1.4970 and AUD just above 9280.
In any case AUD needs to break below 9250 if we are to move lower, until then support on dips is still seen. EUR is seeing some buying on dips as well, but GBP feels weak after failing to take out stops above 1.6760.
