Nice work.. I have it on pretty good authority that Oz...

Nice work.. I have it on pretty good authority that Oz corporates were buyers on the AUD on the hi 9620 - lo 9630 .. ACB's were buying in the 96-teens and have a large option barrier they want to protect at 96.
When I see Oz corporates and Asian Central Banks being on the same side of the market doesnt fill the heart with much hope especially when a $500k order will move the market 10 pips as the market is ridiculously thin. We may see a decent rally right at the top of the right shoulder at 9950 if London and New York traders join the party with their Asian counterparts [which they won't]