This price action hints at a barrier at 1.4350, but i can’t confirm it. If there is , stops are likely through the level, which could tweak a move up to 1.4450 again.
Think that’s more likely to depend on the actions of those EUR/CHF guys who have dictated the afternoon’s direction.
May be some stalling ahead of tomorrow’s ECB , where nothing of a surprise is on the horizon, but of course more importantly Trichet will speak afterwards which is always good for some madness in the market. (as if today wasn’t enough).
There are also Spanish auctions tommorrow
EUR/USD back around 1.4320 after a look at 1.4341
