It took a while, but the AUD finally went to 0.9000 in the overnight … I thought it might have tumbled there in a rush, but it decided to test my patience instead. Here’s what the order board is today:
- Sellers 0.9100
- Sellers 0.9050/60/70
- Some stop loss sellers below 0.8995 (trading-related stops, not huge)
- Buyers 0.8975 and 0.8950
- Stop losses below 0.8950
- Buyers 0.8900
October Trade Balance is the only data point due during the Asian timezone for Australia today.
