The stops are closer on the topside, with talk of stop-loss buy orders above 1.3175 and 1.3180, and more heavy stops above 1.3205
There are some big exotic options rolling off today at 1.2950, 1.2975 and 1.2990 which do not look like being troubled at the moment. Stop-loss sell orders are also reported below 1.3050. Middle East Sovereigns have been buying dips all week but they aren’t usually active during Asian trade.
