AUD/USD support holds the first test

1.0225 has been tested quite seriously, as has the AUD/NZD support at 1.2050, and both have held on first time of asking.

(Edit: Yet more bounce now being seen in the AUD against the NZD and the EUR; looks like those are very serious bids at 1.0220/25!)

  1. Hi sean,

    Do you see any bounce in Aud to sell into.
    Thks its been pretty heavy especially on the crosses

  2. If EUR/USD rallies after ECB then I’m sure AUD/USD will also follow suit at least for 50/70 pips? Support is holding thus far so the bears will be having thoughts of booking profits??

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