Next levels to watch in major pairs
Nice way to start the session, having picked the ding-dong in the AUD/USD. One bank is reporting decent-sized buying interest at 1.0430 and another is reporting heavy stops below 1.0425. Maybe they will both be right.
The EUR is holding up well, trading just below session highs with strong Fibo resistance still intact at 1.2935. EUR/AUD buying has been noted over the last 2 hours. I’ll stick with my shorts from earlier as the risk-reward is excellent.
USD/JPY is supported by reported semi-official bids below 77.65 with heavy optionality at 77.50.
what about audjpy? looks pretty bearish below 1hr 100 and 200MAs
any info on eurusd sell orders maybe from sovereigns or banks?
SNB still selling near 1.2930ish. Prime brokers say offers 30/40 with stops above 50. Large optionality 13000. Agree on audjpy, cud get smashed post FOMC??