EUR/USD trades touch firmer in Asia

But it ain’t exactly exciting stuff. Rangey, yes indeedy!!

Buy orders seen clustered 1.3280/90, sell stops below. Topside, buy stops through 1.3360 or 1.3365 (take your pick, what’s 5 pips between friends) I doubt they’re very large anyways. Sell orders then clustered 1.3395/05 (remember the decent soveregn sell interest up at 1.3395/00 the other day. More substantial buy stops gathering up at 1.3405/10.

Main data is release at 10:00 GMT of German ZEW survey for January. Economic sentiment is expected to have improved to 12.0 from previous 6.9.

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