The AUD/USD started at $0.8217 and saw an early dip to $0.8183 but was largely well-supported since then as the market witnessed some consolidation of last night’s euro moves while yesterday’s Australian jobs data also continued to support outlook for the aussie. Aussie-dollar went up to $0.8225 a few minutes after Japanese stocks got underway and then extended that to $0.8239 despite the weakness seen in some of the region’s major stock markets this morning as oil prices also crept back up off their recent lows. Aussie-dollar last at $0.8242. Below this morning’s low, $0.8153 marks the 61.8% Fibo of the same move. Aussie-dollar currently trades at $0.8213. Local corporate demand is noted between $0.8160 and $0.8170, while importer supply is cited from $0.8255 to $0.8270.
