The pair has been in impressive form and now posting highs of 121.09
Good support/bids into 120.50 prevailed and the recovery has been solid since
I highlighted the corporate demand on the lows in my order board post
Fresh sellers into 121.20 with more at 121.50 but expect good supply after this impressive rally which has also lent support to EURUSD below 1.1000 as EURJPY finds buyers too. Currently back to 1.1010 after lows of 1.0989
PS Is it me or does watching the space rocket launch make FX market action somewhat less important?
