EUR/USD has pulled back into the 1.3720s, an area where a clutch of buy orders are seen on order books. A dip through yesterday afternoon’s spike low at 1.3716 will see a round of stop-loss orders triggered.
It is a very mixed bag for the greenback today. It is firm against most of the European currencies but still heavy against the commodity-driven pairs.
US equities are holding up well despite the dollar rebound this morning but gold has slipped $10 to $1122. A tough day to figure all around…
