No one can say I only post the gloomy stuff!
All you bulls out there will be delighted that, after testing support at 1.6390 earlier, we’ve now gone through decent sell interest at 1.6450 triggering stops to 1.6468
But hey, guess what? Yep there’s more sellers lurking up here at 1.6470-75 further to my earlier orderboard with talk of ACB offers too .
These guys are also all over the offers at 1.3720 on EURUSD no doubt jobbing out a bit of profit from their huge purchases lower down.
Not expecting to see much more movement this side of the 13.30 GMT Yellen statement release but don’t rule it out. Caution advised.
