There’s been talk of a suggested barrier down at 1.0400 but i can’t confirm. A host of people are apparently paying for AUD in the 1.0400/10 window ( sovereigns, real money , corporates and exporters) but the pressure is on again with a recent August low of 1.0405 after bids around 1.0440 gave way.
Sell stops are said to be placed on a break of 1.0380
AUD’s currently trading around 1.0414
