AUD/USD fell on Monday as the "risk off" trade came roaring back. The low volume did help keep the pair from falling too far though. There is the matter of that gap from a couple of weeks ago however. If this gaps gets filled the pair could certainly go down considerably as this would be an extremely bearish signal. Also, this pair has tested parity a number of times recently and has not broken above a further signal that selling pressure is high.
NZD/USD is the same situation as the AUD/USD, the fall was significant as the commodity markets fell. The Kiwi will be even more sensitive to low volume as it is a less liquid market. We still like selling.
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