EUR/USD has given a little ground in early European trade, presently at 1.2185 with sources noting real money selling. Market conditions are described as “very thin” which is hardly surprising given yesterday’s mayhem.
Alot of attention being paid to 50% retracement level of all time highs/lows seen at 1.2135 (although I’ve heard 1.2125 mentioned.) Gotta think decent stops below there and more said to be gathered below 1.2100. Talk of sell orders gathered up at 1.2250.
