AUD,NZD/Flows and Orders

AUD/USD takes lead from EUR/USD, back above 1.0300

I’m not sure if ‘negative outlook’ for Spain is a good reason for euphoric risk-on trading but that’s what we are getting right now. As I just mentioned re the EUR, this is more about testing levels and chasing stops than it is about risk sentiment. 1.0310/20 is where the sell orders are reported with large stops supposedly gathering above 1.0340 (where it could get ‘fast’ I’m told).

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