Nomura Buys $15 Million AUD/USD Targeting 1.1081 Risking 1.0300

Yesterday’s softer Australian employment report provided an opportunity for Nomura to buy the dip in AUD/USD. The $15 mn tactical trade entered at 1.0515, with a protective stop at 1.0300, targeting a fresh high at 1.1081. Nomura’s rationale behind this call revolves around the following 3 rea…

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Nomura Buys $15 Million AUD/USD Targeting 1.1081 Risking 1.0300

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