AUD,NZD/Flows and Orders

AUD/USD orders: Sellers solid 1.0390/95

The order books are starting to be replenished after the weekend and dealers report solid selling interest 1.0390/95.

  1. It starts getting interesting again. I have started to rebuild short. I have added second lot at 1.037. Will add more around 1.0425. partial stop loss at 1.047.

  2. 50 pips stop loss on 10370 make real good sense for 24-48 hours time frame. I am thinking of riding it over next week. Any extended trading above 1.0425 would make me reevaluate.

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