Mike posted up his thoughts on AUD and GBP a little earlier with some good levels to watch:
Aussie $ under attack as longs run for the hills:
- Expect some demand down here but short-term rallies to be capped into 0.8810 and then 0.8830-50 again, as longs try and get a second chance to unload (but more at that link, above)
Cable on the slide but heading into fresh buyers:
- the 1.6ooo area should do better as momentum slows in the aftermath and I’ve taken some back down here at 1.6015. More bids down at 1.5975-80 and 1.5950 as per the orderboard(but more at that link, above)
