The AUDUSD of late seems to be contained in the Asian time zone then pops through the topside overnight. However, speaking with traders today, i get a slightly different picture. Sellers are there to contain the upside between 7330-50, but there are no reasonable buyers close by. Buyers start at 7220 and even they are not large.
Im still looking for the final push to 7425, but that may take a few days. Look for a pullback to wash out weak intraday longs.
