As Ryan baggsied a cable post I’m bringing you an AUDUSD update and to highlight that the decent offers between 0.8925-35 are still holding despite a couple of attempts now
Yesterday’s first rapid drop came from up here so it’s fairly pivotal now and hence some good interest to sell into it
Equally there’s demand below 0.8890 as we’ve seen along with the general USD-neg tone today so far
Currently 0.8919 after 0.8927 highs
(And yes I have sold cable again up here at 1.6395 ! and will re-assess at 1.6340 ish and 1.6420).
AUDUSD 1 hour.Congestion into 0.8935
