AUD/USD Analysis

The AUD was higher against the dollar in Asia Thursday, sitting on the session highs into the European open. AUD/USD was higher from the getgo, helped by talk of options demand from $1.0085, helping push the pair through $1.0100, triigering small stops, although most stops triggered on a break abobe $1.0110. Further stops are noted at $1.0140, although talk of good offers around $1.0150/60. Little in the way of AUD data released Thursday, although job vacancies fell in the March to May qtr. Job vacancies fell 5.3% on-quarter to 172,500 in seasonally adjusted terms.

 

EasyForexNews Research Team