- The barrier at 1.3725 is still thought to be active and there are solid sell orders noted towards 1.3750.
- Two big US investment houses have been the main sellers over the last 3 days.
- They are up against every central bank on the planet who seem to have an inexhaustible demand for Euros. Asian central banks have been regular buyers on every dip over the last 3 weeks.
- I’d guess a 1.3670/1.3750 session range with the topside still carrying the most risk.
Featured Videos