AUD/USD orders: Sovereign sellers reported above .9880

Typical, Sovereigns join in to spoil the bulls party! Hearing that Asian central banks are looking to sell AUD/USD near .9880. If it does get there, that would be 1.5% higher than the NY closing level, and certainly would be a good opportunity for stale longs to start limiting any damage they may have suffered during the vertical falls of recent weeks.