If there's a moment during today's session that traders will look to take out stops in the AUDUSD it's now during the Tokyo lunch break.. Thin conditions could see the pair at .9500 if the desire is there. Saw a similar thing this time yesterday, only to the downside. Currently .9478, stops likely above above the previous high of .9484.
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
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