The Australian dollar has been trickling lower since the start of North American trading.
The overnight low is 0.9615 and the low so far in US trading is 0.9621.
There are some small-sized bids spanning from 0.9600 to 0.9615 with some stops mixed in.
The cycle low (set last week) was 0.9594 and the low from May 2012 was 0.9580. Expect stops below those levels followed by bids at 0.9550 and 0.9500.
If the Australian dollar can turn around, there are offers at 0.9680.
