EUR/USD/Flows and Orders

That didn’t take long! On to the next batch of stops I suppose.

Easy pickings for the European heavy hitters and the stops below 1.3050 have been done. Next batch are below 1.3030 and I think it might be worthwhile trying to buy a stop-loss driven dip to 1.3020 looking for a swift 40 pip rally or so?

  1. There is a large 3050 expiry today and that could act as a magnet for price action like 3100 did yesterday. Also heard ACBs are buying around 3050.

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