Tuesday, April 29, 2014

European Session: Orders and Options Watch

EUR: The single currency continued to meet strong resistance around 1.3880, indicated sell orders (option related) remain at 1.3885-00 (with stops building up above barrier at 1.3900 and 1.3910), fresh offers are expected at 1.3925 and in good size further out at 1.3940-50. On the downside, bids remain at 1.3850,



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