EURUSD orders 7 March - Caught up in the cross-play crossfire

Author: Mike Paterson | Category: Forex Orders

Currently 1.2419 after holding into 1.2400

Underpinned still with general EUR demand being tempered by EURJPY supply again.
A bit of option expiry interest in play but ntg major nearby
Demand building at 1.2400 with larger at 1.2380 and 1.2350. Offers building between 1.2435-50

Ranging still behind all the noise.

Offers: 1.2425 1,2435 1.2450 1.2470 1.2485 1.2500
Bids:   1.2400 1.2380-85 1.2365 1.2350 1.2330 1.2300
                                                  EURUSD flatlined for the moment
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