• AUD/NZD triggered trailing stops below 1.1300/10 before bouncing; solid bids reported at 1.1280 from Prime Broker sources;
  • AUD/JPY broke and closed above prior short-term resistance at .9340, now targeting recent trend highs near .9450 (see chart);
  • AUD/CHF is also attracting attention amongst prime brokers and it seems that some bigger players are buying (most likely covering shorts);
  • EUR/AUD has short-term support near 1.4270 (see chart).

There are plenty of reports still of heavy sell orders in the AUD/USD between .9525/50 but the crosses remain very well supported.