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AUD/USD: Heavy sell orders touted above .9200

By   || September 5, 2010 at 21:40 GMT
|| 1 comment || Add comment

Dealers say that there is significant interest to sell AUD/USD above .9200 from a variety of directions.

The election result is still not known but reports over the weekend suggest that the 3 independents are likely to give their decision either tomorrow or Wednesday and that they will probably support the current Labour government.

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One Response to “AUD/USD: Heavy sell orders touted above .9200”

  1. Bob on September 5th, 2010 23:07 GMT

    would they sell b4 .9200? and labour —-> mining tax —-> bad for AUD, right?

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