The AUD is becoming extremely overbought. (update 11) - A mega buy prior to South Korea military drills 23/12/2010

A large position bought from an Asia based trader, maybe Japan. Bought up in thin markets.

Opinion: A buy on that Nth Korea won't do squat when South Korea start/started their military drills (land) 23rd Dec 2010

Let's see how the bet will be played out...AUD very overstretched

Could be a suicidal/kamikaze buy