Sources report that a big U.S. bank entered the market and helped push EUR/USD through 1.4880, triggering decent sell-stops which sent us to a session low 1.4854 in double-quick order. We’re presently at 1.4865, technical support next at 1.4850.
It’s probably a good time to make mention of the 1.48-1.51 dnt which expires Friday. Can expect the lower parameter to be very well protected.
