• Stop-loss buy orders are said to be heavy above .9900 but there are also sell orders building between .9900/50 from option players
  • Plentiful stops are also reported below .9740 but they are also mixed in with option players buying .9725/50.

Sounds like more range trading to me.

RBA Governor Stevens will be speaking in one hour and you can find a full transcript of his speech on the RBA website, as soon as he starts speaking.