AUD/USD technicals: Short-term support levels near .9570
- The big levels to watch are very clear on the daily (see chart), with support at .9510/20 and resistance at .9715/40;
- Short term support levels start at hourly lows near .9570;
- Real-money bids were reported last week starting near .9550;
- Macro funds were on the offer .9675/80 end of last week;
- I still favour the buy-dip strategy here but patience required.