EUR/USD: The downmove got legs yesterday. The big print left in thewake of the number fueled selling spree hosts mid-body pointresistance around 1.3660, where the 21day “Kijun-Sen” also islocated. A small recheck higher before down again seems to bea likely scenario – then with “the Cloud” and prior lows in themid-1.34s acting as both attraction and support. The 1mt 625risk-reversal also show downside anxiety in the swift moveback down from near zero (now at 0.85% puts over)
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