AUD,NZD/Flows and Orders/FXWW News

NZD/USD: Orders reports suggest ‘buy-dip’ intraday strategy

  • AUD/NZD: There are still reports of large stops below 1.0920 and a quick look at your charts will explain why they are there;
  • AUD/USD: Solid corporate bids are reported near .9230/35 with more optionality at .9200.

Sounds like a ‘buy-dip’ intraday strategy could pay dividends in NZD/USD and strong technical support at .8400 should attract plenty of defence.

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