- AUD/USD holds back ahead of selling interest around 0.7850
- Pair hit 0.7843 short time ago before returning - last at 0.7832
- Modest retreat seen in USD post Fed minutes - speculation of June rate hike
- AUD holds near record lows against NZD - no sign of rebound
- Many long term players are long AUD/NZD trying to pick a bottom
- Might require a shake from their positions before AUD/NZD can rise