EUR/USD sits at 1.3030 in orderly (no change that, let’s call it comatose) trade.
Sources report model funds sold into the recent rallyette.
Obviously everyman and their dog is aware of sizeable barrier option interest at 1.3000.
Yesterday had reports of smallish barrier option interest at 1.2980 as well. Noticed Sean mentioned 1.2975. What’s 5 pips between colleagues is what I say.
Larger barrier interest at 1.2950. Who would have thunk it?
Wake me up if we rebound back through 1.3145. If not, then just leave me here to snooze….
Jingle bells, jingle bells, jingle all the way……
