AUD/USD flows: Waiting for the next leg

It is quite an interesting reversal overnight but we are not seeing major follow through in the Asia session so far, as market participants wait for the next trigger. Vance was being upbeat and say "progress made in Iran talks, sees path to broader deal". But that hasn't translated to strong U.S. equities performance, though regional ones are solid.

AUD/USD is trading 0.21% lower at 0.7081.