EUR/USD barrier at 1.4100

There are lots of buy orders stacked just above 1.4100 with some solid protection of an option barrier at the figure. I’m reliably informed that the stop-loss sell orders below 1.4080 are significant and might well cause some gaps in trading until the bids re-emerge at 1.4050.

AUD and NZD both took a hit overnight along with the JPY crosses. AUD/USD traditionally finds solid support at the 20-day MA, which comes in today at .8243.

Good luck today.

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