Market getting excited that because euro zone leaders got three options on the table they’re close to sorting out the Greek second bailout conundrum. Go figure.
EUR/USD up at 1.4190. Sell orders clustered 1.4190/00 as mentioned earlier. Buy stops now seen through 1.4210.
Are we stuck in a 1.40-1.4200 range, or are we readying for an upside breakout? I have to admit I’d understand the former more than the latter, but some folk out there seem happy to load up with euros.
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