AUD,NZD/Flows and Orders/FXWW News

AUD/USD: Central banks buying in recent trade

Thanks to FXWW888 for the insight that Sovereign names have been buying AUD/USD near .9240 in recent trade whilst FXWW303 tells us that hedge funds are still selling through some of the bigger investment banks. We are spoilt for information.

I’m still long and have more bids at .9225 but I will reduce drastically below .9190.

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