Sellers line up to hit the rallies
Some colour to the selling on the pop to 1.1154 and it's Mike's mob in the interbank as well leveraged sellers jumping in. Alongside the orders Mike noted there's said to be some at 1.1190 from the above players too
Traders note that investors in general are adding to EUR shorts and JPY longs
1.1100 is holding up for now and we've got some balance between the buyers and sellers now
EURUSD 15m chart
1.1140 was resistance before the pop to the highs so we may see some again. It's looking pretty sticky at 1.1160/70, 1.1190 and at 1.1200