EUR/USD is trading higher. Aforementioned buy stops at 1.3670 have been triggered but run straight into the sell orders we had mentioned at 1.3670 up through 1.3700. We’ve been to 1.3678 and are now back at 1.3665. Battle is now joined.
The sell orders should at the very least hold up the rally. It should also be noted, that if they don’t buy-stops are said to be gathered just above 1.3700.
Risk sentiment is in good shape; stocks, oil, copper all up.
Meanwhile
