EUR/USD is quite choppy and thin today, blipping up to 1.3560/65 before slumping quickly back to session lows at 1.3520. Dealers note stops in the 1.3510 area and again below 1.3480.
This sucker should have broken 1.3750 yesterday and didn’t. Now that the reflation trade is consolidating EUR/USD bulls are getting a wee bit nervous. 1.3410/15 is a key medium-term support on pullbacks.
