Not sure the data has much to do with it but EUR/USD is tested the bottom of the overnight range at 1.3211 shortly after the US data. We’ve been as low as 1.3212.
Asian central bank dip buying has been rumored below 1.3220 for much of the session.
Bids are seen staggered all the way down to the 1.3180 area, below which stops start to kick in. We trade now at 1.3220.
