EUR/USD/Flows and Orders

EUR/USD orders: Bids reported at 1.3070

Despite the fact that a break below 1.3080 should imply a double-top formation, investment banks are saying that bids outnumber offers and there are plenty of buyers near 1.3070. Looks like we should find out real soon as EUR/USD is trading at session lows.

Edit: Good-sized bids seen on interbank trading platforms at 1.3080, low so far 1.3081

  1. NO, HFs will use some small leverage but ‘leveraged players’ are retail platforms and high net worth punters. There are some big players with 50mill in their acct leveraged 100 times and these whales can have a s/t impact

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