The big move down in the EUR/USD has taken out a lot of orders and technical levels, leaving the market a little perplexed as to levels for today. There are not a great number of resting orders around, we’ll have to wait until Europe and London is active before the order book is expected to to thicken up.
- 1.3365/75 is initial support (again, caution, the orders are not large)
- More stops selling below 1.3350
- Sellers 1.3430/40 and 1.3475/85