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Very volatile market conditions

By   || July 9, 2009 at 00:09 GMT
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AUD/JPY fell from 72.30 to 71.70 and back to 72.30 in a matter of minutes. Liquidity is poor at current levels as most of the jobbers or liquidity providers are giving the market a miss this morning. Australian unemployment numbers will increase volatility, as if tha was needed. The levels to watch in the AUD/USD are .7700 and .7830 and the short term important levels in AUD/JPY are 70.50 and 73.00.

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