Steady buying from macro names was apparently behind the drive to a fresh day’s high of 1.0471 which ran into importer offers just ahead of some buy stops now placed at 1.0480. Larger offers also lurk ahead of the 1.0500 barrier with likely heavy buy stops just above .
Tech resistance lies above at 1.0515/20 ( Sept 21 high 1.0519) ahead of 76.4% fibonacci retracement of the 1.0857-0.9581 fall at 1.0558 and stronger resistance in the 1.0564/69 highs 17/13 Sept highs)
AUD’s since backed off a bit to 1.0467
