“Stuck in the middle with you”
EUR/USD sits at 1.5030, hardly budged on the day. Talk of sovereign buy interest seen down at 1.4980/85 overnight is limiting the downside so far, while talk of sell orders up at 1.5070 through 1.5100 is negating a rally extension so far. Result, stalemate.
“Well I don’t know why I came here tonight, I got the feeling that something ain’t right……”
Excellent.