AUD,NZD/Flows and Orders

AUD/USD: Heavy stops rumoured below the market

European bank is saying that macro funds have heavy stop-loss sell orders below 1.0330.

  1. Agree Jason. There’s been no fresh news in German press re last night’s German/Dutch/Finland statement so we may indeed see some type of rally. I’ll wait and see if we can get a test as I suspect the interbank dealers will be keen to have a go

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