Support at 1.0200/05 so far holding up in Europe this morning, but appears to be bearing the brunt of the risk aversion today.
A break down here points down to the Oct 21 lows around 1.0145/50, but may see some sovereign and CTA buying interest under 1.0210 which was reported in Asia.
The 50 and 55 day MA’s at 1.0234 and 1.0253 are now looking S/T caps and the ongoing EUR/AUD strength is helping either.
AUD’s around 1.0215
