EUR/USD opens the week just under 1.3800 and the recent strength shows no signs of faltering. The talk on Friday was of more large option-related stops above 1.3800 but the high so far according to Reuters has been 1.3801, so perhaps the orders were cancelled ahead of the weekend. I’m sure the option-traders of the world are also tired of being gouged by stop-loss hunters on an early Monday morning.
Good luck today.