Euro and pound undoing the Asia rally
EURUSD looks like it's heading for 1.1200 as macro funds and corporates in Europe ride in to sell the rally. We've been down to 1.1211 now and through bids at 1.1220
EURUSD 15m chart
1.1210 holds support ahead of 1.1200. 1.1190 may hold mild support as well but 1.1160 is the number to beat under there. So far my short is doing ok as we head towards the flash inflation number. I'm just updating the orderboard so check back in about a minute or so
GBPUSD is also feeling the heat as it drops through 1.5400 as I type