As if any proof were needed that we are ranging still AUDUSD has fallen to test 0.7780 support (again)

Offers/res around 0.7850 have capped the rally again and now the bulls will hope the bids down here will hold the retreat . More into 0.7750 which has also proved pivotal lately

Offers now at 0.7800 and larger 0.7825

USD demand across the board the prime mover so far with GBPUSD down to 1.4915 and EURUSD 1.0734 around good support lines