I have heard of some stop-losses building below .7875 in the AUD/USD but with Australia closed for a public holiday, these will probably be safe until Europe step in. An interim top now looks to be in place at .8250 and the first big technical support level is a 38.2% pullback at .7750.
Public holiday in Australia should ensure quiet session for AUD
Source: www.forexlive.com
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