• Offers 1.0505/10 (stop me if you’ve heard this one before)
• and again at 1.0525, with stops above there.
• There aren’t any scheduled news/eco releases for today to provide a catalyst for a sharp rally (there is NAB Business Confidence, but its not a huge mkt focus)
• On the downside, bids at 1.0470,
• and again at 1.0460.
• At 1.0440 there are even more.
• The downside looks more of a risk for a move today, but with those levels in place the most likely scenario is a range-play day.