The euro tried the upside in Asian and the downside in the US but didn’t like either and it’s virtually unchanged on the day.
The recent range of 1.3709 to 1.3811 are the main parameters for euro traders, with the annual high of 1.3832 as another critical level on the upside.
Here are the reported bids/offers:
- Bids at 1.3730, 1.3700/10 (larger) stops below 1.3690
- Offers at the European high of 1.3882 (small), more at 1.3800, larger ahead of 1.3811 and littered all the way to 1.3832. Barrier at 1.3850 with buy stops above
