EUR/USD has slipped back to 1.4980.
In late morning trade the pairing went up and had a peek at well touted sell orders at 1.5020/30 ( bolstered by a burst of sovereign buying in the EUR/JPY cross), but was quickly on the defensive again.
We’re stuck in consolidation mode. Buy orders 1.4940/50, stops below, sell orders 1.5020/30, probably stops above.
