The pair drifting lower into the European session after mostly regaining the important $0.8545 50% Fibonacci level, now down just 1bp at $0.8558. Aussie had a sideways day for the best part with the USD taking a breather ahead of tonight’s Non-Farm Payrolls for October. The data will likely determine the fate of the aussie dollar, and of most markets worldwide, for the next few sessions with little major data on the calendar domestically. $0.8600/20, sellers $0.8650 then 40.8690/00, with stops below $0.8540, bids at $0.8500 but getting thin below.
