AUD,NZD/EUR/USD/Flows and Orders/USD/JPY

USD/AXY flows point towards further EUR/USD support

Asian central banks have been busy again with the Bank of Korea and the Hong Kong Monetary Authority buying close to an estimated $1 billion between them today as they try to limit gains in their currencies. If these central banks continue usual practices, then we will see them buying EUR/USD and selling USD/JPY as they try to keep their reserve ratios balanced.

  1. Is it just me or that daily chart candle for yest close is signalling something on Eur/Usd?What do u say,Sean?Very curious.

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