EUR/USD has rallied strongly amid talk of Asian sovereign buying. Stops tripped above 1.3440 and we’ve been to 1.3462 so far.
Being told 1.3471 is a 38.2% fibbo retracement level of 1.4283-1.2969. Worth bearing in mind.
UPDATE: Some people have that fibbo retracement at 1.3475 apparently.
