Earlier orderboard posted here, and since we’ve taken out the early topside stops, time for an update.
Much of the buying this morning has been AUD/JPY related (some AUD/EUR in the early part of the move)
- Offers 0.9100
- Offers 0.9050 (stop loss buyers building above)
- The initial bids at 0.8983/88 I noted earlier are still around, but bids now intially0.8995/0.9005 – not large at present, but they are there.
- Bids 0.8950/60
- Bids 0.8920/25
- Bids 0.8900
Special NOTE!
The employment data today is of much focus and i would be very wary of leaving orders dangling out in the market over the release. the employment data has been very volatile of late, so it is likley that the currency will put in a volatile performance in the immediate aftermath of today’s release.