Currently 1.4175 after a quick slap down to 1.4160
Some money coming off the table unsurprisingly after the strong rally with general USD demand prevailing atm. Dip demand expected into 1.4150. Offers building around 1.4200 now
Yesterday I mentioned in this post that demand was building around 1.3980 with larger interest into 1.3950. Well 1.4214 is not a bad rebound from there eh? I prefer to play from the short side still but have been happy to sit out and watch this renewed USD weakness unfold. Poised still though.
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Offers: 1.4200 1.4220 1.4250 1.4270 1.4300 1.4350
Bids: 1.4145-50 1.4130 1.4100 1.4080-85 1.4050 1.4020 1.4000
