AUD,NZD/Flows and Orders

AUD/USD: Strong support expected near .9580

The AUD has fallen hard in early Europe as stops below 96.90 were triggered in AUD/JPY. I’d expect any further weakness in the cross to come primarily from the USD/JPY leg and support in AUD/USD near .9580 should be very solid.

  1. ok just looking at this now and i see the aud waaaay down. Not sure how the whole end of month side of things plays into it but would it be worth taking a long on the AUDUSD with the expectation that it will recover some of what we out today?

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