We get a flurry of sales in EUR/USD each day around the London fixing which can give all of you inveterate trend-faders out there a chance to take counter-trend longs. Yesterday afternoon we got a nice 60-65 pip grinding rally out of the move. Today, we’ve had similar rebound. That’s one to watch for on Monday…
EUR/USD trades at 1.4310 from 1.4262 lows.