Yesterday when i signed off I pointed to the demand around 102.00 despite the weak US data and that this pair held the key to any further potential USD sales.Well it didn’t go down and nor did the greenback overall.Still the huge raft of sell interest up to 103.10 with stops below 101.80 now firmly mapping out our range. And don’t forget the Panda’s DNT 97-104 option. Currently 102.50
Sellers 102.60,102.80,102.90,103.00,103.10,103.30, 103.50, 103.80,104.00
Buyers 102.20,102.10,102.00,101.80 ( stop loss selling if breached ), 101.50