Model accounts apparently chewed up the reported sovereign offers in the 1.0220’s and buy stops were triggered through 1.0230 to a fresh weeks high of 1.0248. The 200 day MA comes into play at 1.2069, but there are buy stops ahead of it up through 1.0250.
EUR/AUD continues to fall to fresh lows around 1.1979, adding support to the AUD/USD which is currently around 1.0233
