EURUSD near session lows again as the clock ticks down

Author: Mike Paterson | Category: Forex Orders

The pair currently back down to 1.2360 14 March

Ok, at the risk of repetition I'd just like to put some colour on the current test of session lows.
I've already highlighted large option interest rolling off today at 1.2400-10 and that has helped to cap rallies with longs giving up and bailing with EUR pairs generally under pressure with ECB offering few crumbs of comfort earlier.

Currently 1.2353 with some smaller interest at 1.2350 now being targeted and EURGBP breaking down through 0.8850 helping to put a bid under GBPUSD.
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