But this is ridiculous.
EUR/USD sits at 1.3345, up 5 pips since I sat down.
Talk of BIS having sold circa 1.3355, ACB circa 1.3350.
We’re not really any lower though. What does that mean? Hope it means we’ll soon be headed higher. It’s more in hope than any strong conviction.
North of there, talk of sell orders clustered 1.3380/00 ahead of 1.3400 barrier interest.
Plus ca change, plus c’est la meme chose. That’s French that is
On the downside, talk buy orders clustered 1.3300/10. Where are the sell stops gathering? Blowed if I know.