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AUD/USD quiet in Asian session, potential for further short covering

AUD/USD steady in quiet session in Asia in lead into month end Potential for further short covering ahead of w/e/Greferendum Reversal of EUR/USD and EUR cross's fortunes yesterday did a lot of damage Spec players missing…

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  • AUD/USD steady in quiet session in Asia in lead into month end

  • Potential for further short covering ahead of w/e/Greferendum

  • Reversal of EUR/USD and EUR cross's fortunes yesterday did a lot of damage

  • Spec players missing in action licking their wounds from Monday

  • Next set of Greek headlines unlikely to have major market impact

  • First hurdle US NFP Thursday followed by US 4th July holiday Friday

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Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560