Aussie $ Orders

And before I get accused of neglecting other pairs here’s some AUDUSD order info:

  • Offers at 1.0380/85
  • Larger offers at 1.0400 but stop loss buying if that breaks
  • Bids at 1.0345 with larger ones at 1.0330

AUDUSD has been consolidating nicely over the past few days after some decent selling.

Currently at 1.0356

In my City days I ran the FX for 3 years at the Aussie bank State Bank of Victoria ( now part of CBA ) in between my spells at UBS and Credit Suisse..

I was there at the outset when AUD crosses were first being quoted interbank, and very much involved in that process so subsequently always had an interest .

I’ll try to post what I can.

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