AUD weakness gathers fresh momentum
- EUR/AUD has broken out of its recent consolidation range and is now targeting 1.2950 (chart in members).
- AUD/JPY has broken its interim trend-line and there’s no strong support until 99.00.
- AUD/CHF saw some very heavy selling overnight and is closing below recent daily lows at .9545.
- China PMI later today will certainly add to volatility.