Well I never, BIS bought EUR/USD and it didn’t collapse. We’re presently at 1.4650 in a slow market. Talk of sell orders at 1.4680 up through 1.4700, with buy stops seen on move through 1.4710.
As mentioned earlier ACB buying seen overnight down around 1.4600, and there will be wariness of renewed interest resurfacing on any move toward said level.
