The 100 dma lines up at 1.2583.
We’ve been to 1.2582 and have subsequently slipped back to 1.2565 at writing.
Everyman and his dog knew there were sell orders clustered 1.2580/00, and I’m hearing the dog was an agressive seller over 1.2580.
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EUR/USD extends rally to 100 dma, slips back
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