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Large bids in USDJPY around 112.50, stops below 1.0910 in EURUSD

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 29, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Just some further colour to the order boards that Mike posts The bids around 112.50 are said to be from Japanese Trust banks to the tune of €2bn. There's also stops sitting just under 1.0910 but with strong bids at 1.0900 we'll have to see how big they are as to whether they push on to break the big figure. Rally selling is apparently the game today from the interbank and leveraged sellers.

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