• AUD/USD: Option-related selling is still reported to be heavy between .9430/40 but watch for stops above there. Local banks suggest that intraday support levels will be at .9375 and .9360;
  • NZD/USD: Previous short-term resistance at .8700 now provides support and the topside target is at .8780;
  • AUD/NZD: Still sitting above the technical and psychological support levels 1.0735/50 which we mentioned yesterday;
  • EUR/AUD: Possible shortish-term basing indicators emerging and I still like the contrarian trade possibilities here. Dips towards 1.4400 should be well supported.