AUD/USD opened +0.17% at 0.7513 after bouts of AUD/JPY buying supported

After trading at 0.7500 early Asia it edged higher when USD broadly eased

USD/JPY led the USD lower - falling over 0.50% at one stage

AUD/USD traded to 0.7525 before settling around 0.7515 into the afternoon

Resistance is at Oct 28 high at 0.7555 with sellers tipped ahead of 0.7550

More resistance is at the 61.8 of the 0.8007/0.6967 move at 0.7609

Support is at former resistance at 0.7440 and the 10-day MA at 0.7386

AUD/USD overbought and may correct if AUD/JPY is forming a top

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