Broad sentiment is holding up well but AUD/USD is running into some selling interest as the US dollar creeps higher. The pair has fallen about 20 pips in the past hour, down to 1.0093. Bids are seen in the 1.0050/60 range and stops at 1.0020.
More chatter surrounds AUD/JPY, which rebounded to the 200-day moving average today at 81.00 before sliding back to 80.67. I talked about the case for selling a bounce in AUD/JPY yesterday.
