The barrier at 1.0450 (part of a presumed 1.0200-1.0450 DNT) has been taken out on the rally from early Asian lows of 1.0411 to a recent high of 1.0473. There’s some tech resistance here at 1.0474 (sept 28 high) and likely further option interest at 1.0500 with buy stops above ahead of offers 1.0510/20.
Support is now seen towards 1.0440 and 1.0400 with sell stops on a break of the latter ahead of bids 1.0360/70
