Invariably some buyers in the dips on EUR and so it's proved again 17 Aug
ECB Minutes and concerns on overshooting euro exchange rates sent EUR pairs tumbling as per my previous post.
Cometh the decent dip so cometh the dip buyer and we're seeing a rapid bounce as I type.
EURUSD back up to 1.1710 from 1.1662, EURGBP 0.9095 from 0.9063, EURJPY 128.95 from 128.54 EURCHF 1.1330 from 1.1304
Seemingly defence of 1.1650 option expiries but hey I wouldn't want my detractors to view me as myopic. Expect a few rally sellers after such a quick move.
Plenty of US data coming up to throw in the mix.
Got to love the two-way business if you're a jobber and a) quick and b) not too greedy.
See you all back here tomorrow for more fun and games, and I hope I've helped make/save you a pips today.
EURUSD 5m
