Recovering well after the Asian session saw last week’s low revisited following the HSBC Chinese PMI, and sitting around 1.0366 after recent day’s highs of 1.0373.
There are bids in place from 1.0325/35 with large sell stops now through 1.0320 and 1.0300. Model sellers have been reported in the low 1.0360’s but the flow is currently being well absorbed .
Offers lie ahead in the 1.0400/10 region with likely buy stops just above
