Just wondering why AUD will drop after the release of NFP?
Generally speaking, AUD should increase, since NFP is lower than expected.
Simple - the money decided to dump Aussie short term long position prior weeks close.
They smelled a rat / couldn’t justify their stance - failure to push the Aussie past c10400 gave the money a sell signal.
EUR/AUD was heavily bid, too.
AUD fall against USD