On approach to the trendline support 1.0415/20 and 100 day MA at 1.0418, a break there exposes the exporter bids now in place down at 1.0400/10 with sell stops seen just below through 1.0395 ( Jan 4 low)
The move been exacerbated by EUR/AUD move back through last June’s highs to 1.2891.
AUD’s around 1.0433
