If EUR/USD was going to roll over, today would have been a good day to do it.
EUR/USD was higher for 7 consecutive days coming into the session but despite broad dollar strength, the euro is down just 25 pips to 1.3758.
Two attempts to break 1.3750 have so far failed. Below that, support looms at yesterday’s low of 1.3740. The orderboard shows bids at 1.3725 and 1.3710. Stronger bids in the 1.3700/1.3690 zone loom with sell stops below.
