AUD/USD Analysis

A dull session for the AUD/USD this morning after it opened at $0.8132. It saw an early rise to $0.8144 soon after Asian markets got underway as the US dollar encountered minor selling pressure. It reversed direction after that as aussie-dollar ran into sellers from around yesterday’s European highs. Aussie-dollar then retreated to its opening levels and was then dragged further down by a weaker aussie-yen tone. Aussie-dollar sank to a $0.8122 session low and held near there through the rest of the morning, to last trade at $0.8133. Immediate support for the pair has been cited at $0.8110/00, area of lows traded yesterday and on Christmas Day, with minor demand seen there and stops then noted at $0.8097/95