To go short of GBP/USD, AUD/USD and long USD/CHF. The bank sold GBP/USD at 1.5280 with a 1.5380 stop and a take profit at 1.4840. In AUD/USD the bank sold at 0.9750 with a 0.9250 target and stop at 101.80, while in USD/CHF it went long at 0.95 with a 0.94 stop and 0.9970 target. USD/CHF now at 0.9495, AUD/USD 0.9679, GBP/USD 1.5308.
Update : MS: AUD/USD rebound is a selling opportunity after the RBA left the door open to further rate cuts overnight and continued to call AUD overvalued
Update : MS: AUD/USD rebound is a selling opportunity after the RBA left the door open to further rate cuts overnight and continued to call AUD overvalued
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