Risk trades are really falling apart now and AUD/USD is testing the weekly low of 1.0291. You might even be inclined to ignore that low print because it came in thin trading.
Speculators are heavily long AUD and could be on the brink of running to the exits.
There are bids at the March 12 low of 1.0267 with better bids at 1.0250 and stops below. More bids at 1.0200.
