EUR/USD has extended rally as far as 1.3141, presently at 1.3135.
Can’t see any particular fundamental news driving this latest move.
As aforementioned, sell orders seen clustered 1.3145/55, buy stops above there.
Just being told “sharp guy” sold at 1.3140 in recent trade.
I love it when they say “sharp”, “smart” tickles me somewhat.
These euphemisms normallly mean a sovereign player.
Indeed just getting reports a large sovereign has been selling cable in recent trade. We’re still only marginally off session high there though, presently at 1.5913 from 1.5916 high.
Guess we’ll see just how “smart” the guy actually is in the next hour or so.
