EUR crosses/EUR/USD/Flows and Orders/Technical Analysis/Trade Ideas

Still like the look of the EUR crosses

  • EUR/CHF should continue to be the lead pair and reportedly gigantic optionality at 1.2500 should prove magnetic in coming sessions. I’ve left a ‘floater’ take-profit order at 1.2485 just in case there is massive barrier protection up there:
  • EUR/GBP looks to be consolidating around .8300 and I’ll look to book some interim profit on another topside failure:
  • EUR/USD remains well supported by real-money and Sovereign buyers but the speculative players haven’t turned bullish yet:
  • EUR/JPY is still retracing off interim highs at 120.00 and looks to have easy technical scope for 116.05. Will remain volatile is probably a safe bet.

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