Just off the phone with my mate Gerry, who assures me that there are loads of sellers camped out at 1.3700 and above, having missed the move down earlier in the day.
We’re working through the bids just below 1.3650, where the BIS spotted earlier.
Next support of note is 1.3605, where there is a bottom on the hourly charts. Better support is at 1.3565/70 where there is a bottom as well as the 61.8% retracement of the 1.3145/1.4249 rally.
