Interbank traders not talk making the rounds of expiries at the 1.3260 level in EUR/USD. When markets are close to strike prices near expiry they tend not to stray too far from the strike until after the time of expiration. Should EUR/USD regain its bid over the next half-hour, look for it to gravitate toward 1.3260.
On the latest rally to the 1.3240s, US real money accounts came in and sold EUR/USD, we hear. We trade now at 1.3220.