I guess you gotta be hating the BIS round about now.
Seldom have I seen them so dogmatic as yesterday, when we received reports of them buying at 1.3415/20, around 1.3400 and then after I left for the day I was still receiving reports of them buying in the 1.3370’s.
And here we are back up at 1.3442, the boys from Basle seemingly still in fine form.
As yesterday, sell orders remain clustered up at 1.3480/00 infront of 1.3500 barrier option interest.
Trailing sell stops now seen through 1.3390 and Sean overnight mentioned more through 1.3340 and 1.3325.
