We’re currently around 1.3100 (I could’ve written this 12 hours ago!).
- To the topside there are sell orders clustered 1.3120/30 with some stops above, although the next level of sellers isn’t far off, around 1.3150.
- To the downside 1.3065/75 bids and also some higher around 1.3085.
- Lower still 1.3025/35 buy orders.
You dont need me to tell you EUR/USD is stuck in a tight range, we may be waiting for the data releases out of Europe in the early Euro morning to shake us from the torpor.