Small stops below 1.3300 now while there is additional support at 1.3280 and 1.3250.
Stocks are being sold off int he wake of the comments but I suspect an upbeat assessment of the economy isn’t necessarily a bad thing, especially with interest rates still quite low historically, QE or no QE…
If you anticipate stocks recovering the knee-jerk sell-off, a bid toward 1.3280 with a stop below 1.3250 looks like a safe play given the range-bound nature of the market in recent sessions. Kick them out on a rally to 1.3320/30 for a small punt…
