Trailing stops just below 1.3760
Dealers express a bit of frustration. Many missed the move higher earlier this morning and have been buying dips in EUR/USD only to see the pair keep on dipping. Look for a quick washout below the 1.3760 level to clear the decks. Better bids are down at 1.3715/25, traders report. EUR/USD trades at 1.3768.

AUTOREFRESH 













Hi Jamie, what do you mean by a “quick washout”??
A push lower to prompt longs to liquidate
Thanks! Here’s hoping you have a good St. Patty day