Traders report there are very large sell orders in EUR/USD, apparently options related at the 1.4125 level. Bids are eyed now in the 1.4050/60 area and again around 1.4030.
Lord knows that market loves a challenge, so I would not get too excited about selling based on the existence of the large offers…We’ve been gobbling up big sellers for the last 10 cents with barely a burp…
