The aussie is the laggard so far today
AUD/USD is down 0.4% to around 0.7740 currently as price gradually eased from 0.7770 at the start of the day. Of note, sellers are keeping a defense somewhat at the key hourly moving averages to hold near-term control for now:
However, the 100-day moving average seen at 0.7726 provides a key level of support for the pair so the drop here still isn’t really amounting to much.
Elsewhere, NZD/USD is slipping under 0.7200 to 0.7175-80 in a similar push below its 100-hour moving average with the 100-day moving average seen at 0.7175.
USD/CAD is also a little higher at around 1.2085-90 but the moves are relatively light overall with other dollar pairs pretty much little changed so far on the session.
This article was originally published by Forexlive.com. Read the original article here.