Traders say there has been some buying of EUR/USD by China here in the 1.3860s but so far there has not been much of a bounce. That tells me the market needs the bids and if we don’t bounce soon we’re headed a good deal lower.
Traders say there has been some buying of EUR/USD by China here in the 1.3860s but so far there has not been much of a bounce. That tells me the market needs the bids and if we don’t bounce soon we’re headed a good deal lower.