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EUR/USD short squeeze loses momentum

Intraday high at 1.1248, barrier protection at 1.1250 levels frequent top picking is maintaining the high level of euro shorts Spread tightening eases, 10 yr US/Bund now in just 3bp Support at 1.1157, Ichimoku cloud

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  • Intraday high at 1.1248, barrier protection at 1.1250 levels

  • frequent top picking is maintaining the high level of euro shorts

  • Spread tightening eases, 10 yr US/Bund now in just 3bp

  • Support at 1.1157, Ichimoku cloud

 

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