You’ll be happy with this mornings’ fare. Did I say headless chickens earlier; I think I could have been onto something.
EUR/USD tripped stops through 1.3880 and reached session low 1.3858. As mentioned in opening EUR/USD comment there were reports of buy orders clustered 1.3850/70 and they’ve held the downside. We’re presently at 1.3885. Guess they’ll be stops not far below 1.3850.
UPDATE – Just being told stops through 1.3840.