Currently 1.2349 just off session lows
In retreat again as EURJPY and EURCHF sellers prevail. Awful Saxony inflation data not helping either.
Barrier option at 1.2600 to keep in mind still should we get anywhere near again but not going to happen any time soon
We can expect the usual dip demand but rallies should be limited as general fragility plays out.
Offers: 1.2380-85 1.2400 1.2420 1.2435 1.2450 1.2465 1.2480 1.2500
Bids: 1.2330 1.2300 1.2280 1.2265 1.2250 1.2200
