All going on while I was putting the wrap together so apols for the late post, but hey you’ve all got screens and don’t need me to tell you !
Intra-day bids at 1.2220 gave way in rush and we’ve been down to test the 1.2200 barrier yet again
Jury still out as to whether it was breached this time or not but I’ve taken some of my intra-day short back and looking to sell it out again should we rally, or break below the 1.2190 level that I’ve mentioned previously.
Option expiries later today at 1.2200 and 1.2225 but not reported to be of any real size.
Currently 1.2206
No barrier-related bids now at 0.8850 this time to help defend it as we’ve seen previously so the downward path should be a little clearer.
All delicately poised though still !
