Morning. A frisky start to the day already with eurusd stops being agressively harvested and a few easy reach ones being culled in the aud as well.

The main event of the day is the Aust GDP this moring at 0930 Sing with the street around +0.7. A low print will most certainly see another stampede for the door. In the meantime I'm sitting on my hands here looking for rallies to sell. The early Japanese flows are always a wildcard and as per yesterday even our kitchen Aunty is berating me for not selling aud yet.

Tech wise we're flirting with the 100 dma here at 1.0207 with the 38.2 % now cracked at 1.0219. I have nothing but clear air from there until 1.0098 50 % fibo. I'm hearing "the street" has stops through 1.0200 and as I type it looks like the seal pup cullers are polishing their clubs to get them.