The AUDUSD traders that i have spoken with this afternoon have mentioned that sell orders from above 73c are still active and quite large. There has been some new sell orders hit the books in the last hour or so, scattered between 7230-50. On the buy side there are still bids at 7130-40, with intraday players happy to buy at 7180 for short-term run ups.
I still favour selling the rally towards as has been the case of the last 2 days.
