EUR/USD has ticked up to 1.3110 from the 1.3085 which greeted me first thing. Talk of Middle Eastern sovereign buying below 1.3100.
Sell orders seen clustered 1.3130/50. Where are the buy stops gathered?, haven’t a clue at present.
Downside, buy orders see clustered 1.3050/70, sell stops through 1.3050. Is there 1.3050 barrier interest in situ, I guess so but no confirmation as yet. There’s certainly much talk of barrier interest installed at the psychological 1.3000 though, shock horror.
