AUD,NZD/Flows and Orders/JPY crosses

AUD/USD: Solid bids near 1.0350 stalling bearish momentum

No definitive reports yet of who is buying, but there is plenty of AUD changing hands around 1.0350. AUD/JPY is holding above 83.00 and we may see a mild rally once the Tokyo Fix is over in 10 minutes or so.

  1. I’ve followed the reserve managers and gotne bid for a short term trade at 1.0360. Just of interest where do reserve managers target their exits? 1.2000?

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