I highlighted 0.9245/55 bids earlier that have been tested and price bounced from there.
- The next level lower after these is 0.9200/15, with some buying around 0.9225. There are some trading stops below 0.9225.
- More bids below 0.9200, with stops not notable at this stage.
- On the topside initial selling now 0.9265/75 (where we sit just below at present), but better size at 0.9300 (yes, shorts will reload there again) and more at 0.9320.
The next impetus is when Europe/UK come in, they’re expected to try it lower at least at first.
