[AUD/USD]

[AUD/USD] fell to the day's low of 0.6900 during the Asian session yest before buying from a US name...
[AUD/USD] fell to the day's low of 0.6900 during the Asian session yest before buying from a US name & Asian CB brought the pair higher to trip stops at 0.6965 & reaching an intraday high of 0.6980.Good buying in the Aud/Jpy by Japanese names also gave the pair a lift. The pair retreated back a tad just ahead of the Euro session before firmer Euro stocks & commodities drove the pair to an o/n high of 0.7004 before selling orders at 0.7025 from corps & a UK name prompted a retreat back to the 0.6980 lvl just prior to the US session. However, the late surged in Wall St saw the pair taking out stops above the 0.7025 lvl to reach 0.7050 during this mrng. With the Asia/Pac stock mkts expected to open firmer, more gains towards resis at 0.7063 & 0.7104 is likely over coming sessions. Buying orders at 0.6980 by intraday specs will provide support & selling orders at 0.7080 by a local will keep the range this session.