AUD,NZD/Flows and Orders/FXWW News

AUD/USD: Mixed reports on order front

  • One of big local banks reports heavy selling interest at regular intervals above .9230 all way through .9350.
  • Big US prime broker reports heavy stop-loss buy orders above .9240.
  • The AUD still looks solid on the crosses but AUD/JPY should hit some heavy resistance near 93.00.
  • EUR/AUD put in a bearish weekly close and looks more likely to test 1.40 than 1.45 in coming days/weeks.



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