My old friend the flow guy has resurfaced again and he reckons that some of the big players are going to try and corral the cable for a few sessions? Perhaps a big double-no-touch? Anyway, the early gossip is that big selling interest will be near 1.5220 through 1.5250. With buying interest near 1.4800, it sure does sound like a dnt.

As always, wait and see if prices stop at the reported levels, if they do then the orders might well be big enough to hold the market for a while. (Hint: If it does stall there, and you’re sitting on stale longs, sell some of them and don’t be too stubborn).