That’s what I’m hearing. Stop-loss sell orders very close by starting below 1.3055, 1.3045, 1.3020, 1.2995 and 1.2955. Nothing huge but weight of numbers might drag the EUR/USD lower as the day progresses.
On the plus side for EUR/USD bulls is the expectation that Asian central banks like the Bank of Korea will be buying dips after their heavy USD/KRW intervention of recent days.
Topside sees decent sized sell orders being reported starting at 1.3115.
