ACB’s on the offer in AUD/USD

So say the jungle drums. Have been actively selling above and even down to these low levels.

Asian CB’s have been the scurge of us bears forever and it’s no surprise to see the pair tank if they’ve gone into reverse.

The safe havens are unwinding people.

Also talk of switching by reserve names into CAD. AUD/CAD at 0.9925/35 said to be the level to watch for.