We sit at 1.3817. Sources report a large US hedge fund has stepped in selling EUR/USD in recent trade.
Talk of buy stops now through 1.3840. I’d hazard a guess they’re not overly large given proximity of Feb 2 high at 1.3862. Talk of stops gathering in 1.3865/75 area, which is no surprise at all. They’re very likely to be lumpier.
