EUR/USD: Range trading looking very likely
- Corporate sell orders very solid above 1.3525 overnight;
- Sovereign bids expected to appear below 1.3460;
- EUR still looks weak on the crosses especially against GBP, CHF and AUD although EUR/JPY showing some signs of strength.
I’ll be very surprised if we challenge either end of a 1.3460/1.3525 range during the Asian session.