So i’m being told and makes a bit of sense as that’s been the Valentine’s day low.
Some fairly decent bids are in place around 1.0640/50 ahead of it, and overall the AUD’s held up very well after yesterday’s EUR rout. Offers are now sitting up at 1.0690/95 and 1.0715/20 from macro funds (1.0720 also an opt expiry today) but bigger offers lie up towards 1.0740.
AUD/JPY’s adding some good support as well, despite being slapped hard from the spike to 84.27 following the strong employment data and EUR/AUD continues to wobble on bounces.
AUD/JPY’s got some sell stops down through 83.20 and 83.00 (low today has been 83.55)
AUD/USD’s at 1.0656 after recent lows of 1.0646
