Normally when the AUD/USD dips, corporate Australia takes advantage of it and leaves some bids in the market but the interbank market is telling me that there is not much interest today. We are again testing support at .9740 and if we get below there, stops below .9700 might get targeted in early European trade.
The technical H&S set-up still favours buying a bounce off .9650 with a tight stop and a target at .9975.
