I was asked in the comments yesterday about how long these orders are valid for, which is a good question. For today, we’ve got an important data release (Preview – Australia Q4 CPI – key focus for the RBA rates decision ), which will see the order book thinned out a little as we approach announcement time. Not all customers will remove their orders, but there will be some degree of this – that’s something to be aware of if leaning against orders on days like today.
AUD/USD
- Sellers 0.7985/00
- Stop loss buying above 0.7970
- Buyers 0.7900/10, stops below 00
- Buyers 0.7770/75
Currently 0.7937
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NZD/USD
- Sellers 0.7475 through to 0.7510, mingled with some stop loss buyres in there and then again above 0.7515
- Stops below 0.7400
- Buyers 0.7370/75
Currently 0.7456
