Price has taken AR lows just above PDL. Above we have a stout liquid target that would be perfect for market makers to pair orders as notated in the chart. I will be looking for possible shorts when price takes the PDH. Remember it is NFP FRIDAY! Price is either going to take significant highs/lows or rebalance a key area (those are the only two things price executes on high data impact days)
SIDE NOTE: China placed its first aussy coal order since the ban in 2020 and this can have some impact on the AUD strength.
SIDE NOTE: China placed its first aussy coal order since the ban in 2020 and this can have some impact on the AUD strength.