EURUSD has had another look at the US data and decided all is not well.
That and the not so small matter of $2bln+ of option expiries between 1.0900-10 which I've highlighted on many occasions in the past 24 hours which, whether you believe in any impact or not, can be also put well and truly in the frame for providing a platform for the sharp rebound.
We've now been up through 1.1000 to post 1.1026 but just as quickly back through to now post 1.0970 as the digestion of the data continues.
I did say in my preview that there will be opportunities but no answers. Ever thus right now.
I'm outta here now. Have a good week-end one and all and thanks again for all your brilliant input. I hope we've helped and educated along the way.
