Well I never, there’s life in the old dog yet. EUR/USD fell from 1.3620 through 1.3600 in the blink of an eye. We’re presently at 1.3590.
As mentioned earlier buy orders tipped from 1.3580 down to 1.3550 so any further downside progress likely to be a grind rather than a sprint. Still looks rangey to me.
Elsewhere, guess it was too early to sound the all clear for cable. Always got to be careful with that sucker on a Friday. I had to cover it ocassionally for a major US trading bank back in the day. I still remember certain Fridays in my nightmares.
We’ve been down to 1.5137 so far after stops tripped through 1.5150.
