Bids at .9060 are still holding firm and AUD/USD has settled near .9085 after the RBA delivered no surprises. It looks like we might be in for a fairly serious fight around .9050/60; if it holds then we could see a solid rally but if it breaks, then we will be below .9000 pretty quickly. One thging in the Aussie’s favour is that some of the crosses like EUR/AUD are starting to look slightly heavy.
