AUD,NZD/Flows and Orders

AUD/USD: ACB seen buying near 1.0300

The amounts are not large (50 million approx) but one of the more active Asian central banks has been seen buying a little earlier. The order boards are pretty light from what I’m hearing at least so we may yet see prices push a bit lower until the bears exhaust themselves.

  1. The Euro seems very bullish today, we’ve held very well the 1.2880 resistance. I expect now we will go and break some upside resistance. I am looking to take a long with TP ~1.295

  2. Hi Atiq, great to hear from you again, hope all’s been well. We’ve only been operational for a week or so and are definitely still in start-up mode so you’ve missed nothing 🙂

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