AUD/USD 120 pips from the highs
It's a rush into the US dollar at the moment as Treasury yields spike in a disorderly bond market move.
The reversal hits on the same day it looked like an 'all clear' signal for AUD/USD bulls. The pair rose above 80-cents for the first time in three years but has now reversed down to 0.7876.
That's a big outside candle with 3 hours of trading left.
