Category in AUD,NZD

AUD starting to show a bit of strength across the board

The AUD is making steady ground against all of the other majors in rather lack-lustre Asian trade. The big levels to watch are: AUD/USD, important resistance at .9150 with heavy stops likely above there; GBP/AUD, important support near 1.8120 with heavy option-related selling expected through 1.8100; AUD/NZD, previous lows now resistance at

AUD/USD: Might be worth trying intraday short position near .9075/80

Equity markets across the region will open around 0.5% lower; Tensions in the Ukraine are still simmering and 1 headline could spark more risk aversion; The apparent terrorist attack on Malaysian Airlines will also increase risk aversion. After a long period of momentum-less trading, the AUD/USD suddenly broke higher last week. Nevertheless, many traders will