We got up just past the 100 day MA at 1.0212 with a high of 1.0213. there’s some tech resistance at the Dec 9 highs of 1.0226 above there, but some profit taking on the run down in EUR/AUD has seen a bounce in the cross from 1.2864 (new lows vs the EUR) to 1.2910 and sent AUD/USD lower.
Fund managers have been the main buyers on the day in AUD/USD.
On the EUR/AUD there are option barriers down at 1.2850, 1.2825 and 1.2800
AUD/USD’s at 1.0180 and EUR/AUD sits around 1.2905
