What follows Turnaround Tuesday? Whacky Wednesday…
Monday down, Tuesday up, so Wednesday must be down for EUR/USD…
Stops in the 1.3990/95 region have been tripped off and we’ve fallen back to the 1.3968 level.
Fresh reports of USD/CHF buying from the SNB are making the rounds as EUR/CHF tests the top of its recent range. 1.5300 barriers are eyed just above the market, traders report.
1.3946 is next support for EUR/USD, the 61.8% retracement of the 1.3827/1.4138 rally.
