Morning all,
Orders to buy AUDUSD are at 7080, but seems traders are happy to buy higher towards 7120 on the day. On the sell side, only a few intraday sellers at the 7200 level, just for the range traders, then nothing until 7250-60.
Overall AUDUSD has performed well with the next run to 7475 on the cards (38.2% retracement level from whole move down from 9850).
Watch for breaks higher in EURJPY, this will act as a catalyst for others to follow.
