• AUD/USD retracing its steps after the earlier steep slide to 0.7566, crawled back to 0.7596 but in unconvincing fashion
  • A combinations of soft ret sales data; China woes and Greek jitters weighed on AUD
  • Thin trading conditions played a role – stops below 0.7580 proved a magnet
  • AUS stocks down 1.9% at one stage as risk dumped ahead of Greferendum 
  • Bad news (on Greece) could see AUD/USD thru 0.7534 to levels not seen since ’09

The material has been provided by InstaForex Company – www.instaforex.com