EUR/USD down 140 pips to 1.1310 today.
There have been reports of strong demand at 1.1300 and that proved true as the pair bounced off the big figure.
More bids:
- 1.1279
- 1.1267
- 1.1250
- 1.1200/03 - strong
- 1.1187 - 100dma
Offers:
- 1.1325 (small but building)
- 1.1367
- 1.1424
Keep an eye on bond yields. US 10s moved up 8 basis points while German bunds are only 2.5 bps higher today.
