EUR/USD/Flows and Orders/FXWW News

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.

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