EUR/USD

EUR/USD: Drifting lower, stops likely below 1.3080

Back to the usual Asian fare today with very quiet ranges. Some demand in the USD/AXY has had a modest impact on the majors with EUR/USD 15 pips lower and USD/JPY 15 pips higher. I’d expect there to be stops sitting below the 1.3080 break-up level in EUR/USD but the better trade might be to buy a dip with a tight trailing stop below 1.3060ish?

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