We’re down at 1.2733.
Barrier option interest has been well-documented, defensive buy orders infront at 1.2700/20.
I’m getting a feeling of deja vu. Yesterday’s European wrap up headline was ‘Euro consolidating recent losses’
Could well be a repeat today. Only a move through 1.2700 would get me to change at this juncture. I’m not holding my breath.
