Earlier I posted of the fall through 0.9000 and noted bids at 0.8980-85 and again in my orderboard post where I also noted that the support area was the 61.8% fib retracement of the 2014 range of 0.8660-0.9505.
I highlighted some initial offers between 0.9000-10 then more at 0.9025-35 and having wiped its rally feet at the door of the first lot we’re now having a look at the next tranche ahead of the 0.9038 o/n highs.
I’m not hearing the names of any prime buyers ( unless it’s the SNB jobbing in some profit tee hee) but I’ll let you know if I do. EURAUD will have been part of the reason as euro weakness makes its mark across the board this morning
Currently 0.9020 after 0.9025 highs and EURAUD just off session lows at 1.4322