The market had built in a number that would beat expectations after yesterday’s ADP and ISM data.
AUD/USD is the loser so far, slumping below the 1.0242 level that has been support since Tuesday and sell stops through 1.0230 have been tripped. The weekly low of 1.0212 is a key level with reported bids at 1.2010/00 and stops below 1.0180.
The break in AUD/JPY is similar and eyes technical support at the weekly low of 81.15 and the 200-day moving average at 80.99.
