If EUR/US pulls back further, traders see a pocket of stop-loss sell orders in the 1.5030 area and again below 1.5000. I’d expect Asian bids to come in toward 1.4970/80, if the opportunity presents itself.
If EUR/US pulls back further, traders see a pocket of stop-loss sell orders in the 1.5030 area and again below 1.5000. I’d expect Asian bids to come in toward 1.4970/80, if the opportunity presents itself.