Volumes are pretty light so far but there's still plays to be made
There's next to no data out in Europe today and the big data isn't until the US session via CPI and Michigan consumer sentiment for Sep.
Mike's already listed the EURUSD orders this morning but it's being noted that there are some buy entry stops located around 1.1280. Depending on the size of them, that could make things interesting between there and the rest of the offers up to the big figure.
The 1.1280/85 level has seen a fair bit of action of late so it could be that some are seeing the level as one that if it breaks, is going to push on. At a guess, it could be some of those intraday players who took the price up on ECB day last week.
EURUSD H1 chart
