Topside:
- Barrier option-related selling at 1.0590/00
- Initial resistance is at 1.0560/70
Downside:
- Initial buying at 1.0525/30
- Support again at 1.0510/15
- And more at 1.0490/00
- Its a little murky around 1.0470/80 with a mixture of stop-loss sells and bids – I should get a clearer idea later in the day if we approach there (I don’t think we will).