EUR/USD orders

• Mixed bag on topside with selling interest between 1.3800/50 mixed in with stop-loss orders at regular intervals
• Downside has the bids looking a bit stronger at this stage certainly between 1.3650/80

Overall, according to the two banks I’ve spoken with, the order book suggests that EUR/USD is more likely to go up rather than down in next few sessions so perhaps a buy-intraday-dip strategy is appropriate.