Given yesterday’s substantial fall and this morning’s holding of the 1.5250 area where I reported good-size bids on the order board we should have a decent battle at these levels
More sell orders at 1.5320 and 1.5350. Buyers now lining up at pre-data levels around 1.5280-85 and still at 1.5250.
Regular readers will know I continue to back the sellers but I don’t rule out a small rally from here.