Aforementioned comments from Fitch’s Riley have helped extend the EUR/USD rally.
We’ve been to 1.2560 so far.
Talk of buy stops just above there.
Sell orders clustered 1.2590/00. The 100 dma is 1.2600.
No confirmation of such, but I’ll take a flying leap into the dark abyss and suggest that there will be more buy stops close above 1.2600
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