Markets

Don't bump your head on the barriers - Forex orders update

Here's the latest order info

Barriers ahoy!

AUDUSD has some at 0.7700 and 0.7750. Expect them to come with the usual offers and stops.

There's also stops building at 0.7680/85.

EURGBP has bids ahead of 0.7800. Mark them coming in at the current low around 0.7810. After 0.7800 bids, 0.7780/85 is next

USDJPY bids at 110.50 have strengthened, barriers still in place there and 110.00, (+bids and stops). Large stops are noted at 110.20/25

112.00 offers we're dropped in, and marked the top of the bounce back. Offers are also coming in at 112.50 and 113.00.

Things seem a little calmer now so we're probably in that "what now?" phase. This is the time where the market catches up with itself and the orders/tech levels start asserting themselves.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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