A lot of retailers went long @ 1.0200 with their sell stops all the way down to ~ 1.0050 which accelerated the downside.
Buyers waiting @ 1.0000(parity) Retail shorts have been entering and placing buy stops up to 1.0100 so expect a range here until a side is chosen. Things haven't been looking too good from Australia lately.
Idk how much farther it'll go. Guessing 1.00 for short term. Don't see it going higher than 1.02 though and if it does soon, its a sell.