It would appear the AUD/USD bulls are not ready to throw in the towel just yet. An early sell-off in Asia back below 0.8200 was quickly corrected with the pair now safely above 83 cents and looking to go on with it on the topside. This of course is very much Euro dependent but the feeling on Friday were perhaps the moves are enough for a while and we better take a step back and have a look what is happening. One should know of course now that when AUD/USD starts to move there is at least 80 to 120 pips in the move. This is great if you are on the right side – just remember to take your profit.