AUD crosses picking up more momentum
Firstly it was AUD/JPY forming a possible base (see chart) and now the AUD is starting to look very strong against the EUR.
The EUR/AUD daily chart (see chart) looks to have a strong topping pattern with resistance levels now at 1.4450. Prime broker reports show more stops below 1.4300.
AUD/USD looks to be stalling at an interim trendline and sideways consolidation looks likely. AUD demand on the crosses being balanced by USD demand across the board.