A few “nasty” counterparts came in simultaneously with EUR/USD trading quietly in the 1.3150s and drove it up above 1.3180, triggering a batch of small stops. Prices reached the 1.3195/98 level before stalling. Next resistance for EUR/USD is 1.3210. Expect more small stops to be perched just above that level. EUR/USD trades now at 1.3190.
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Dealers report a “drive by” in EUR/USD
Dealers report a “drive by” in EUR/USD
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