- Sellers 0.9440/50/60 then 0.9495/05. There are stop loss buyers building above 50 and 55
- Buyers 0.9350/60/75 (mingled with stop loss sellers below 50 and 40) and larger 0.9300/10
Take care with the AUD over the release of the RBA announcement and accompanying statement today (0430GMT). Such announcements can have the potential for significant new information in the market (having said this I don’t expect much today … but ya never know, right?) leading to rapid price adjustment and volatility. Sometimes its even just whipsaw.. but that can damage an account if your not careful!
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NZD/USD
- Sellers still 0.8790/00
- Buyers 0.8715/25 and larger 0.8700/10