Traders report that the BIS has already shown up on the bid in the 1.3680s, barely 40 pips off the highest levels in two-months. Could be party of the ebb-and-flow in protecting 1.3725 barriers…(Sell ahead, reload on dips…)
Look for a bit of near-term profit-taking in EUR/USD if it dips through hourly uptrend support, now at 1.3650.
