It just doesn’t get any easier to trade this stuff…Just when you think we might be establishing a trend WHAMMO!
EUR/USD and EUR/JPY have both come under pressure, giving back substantial chunks of their morning gains. EUR/USD has dipped to support in the 1.2835/40 area after stalling at 1.2915. EUR/JPY fell to 117.50 from 118.35.
Dealers are beginning to suspect that the large EUR/JPY order that has been rumored all morning has already been filled.
