EUR/USD markets certainly doesn’t feel long
Posted in on by
Anecdotal evidence among traders is that the EUR/USD market is sitting quite long but it certainly doesn't feel that way. Dips don't seem to last very long despite the lofty levels at which we are trading and to be even considering 1.4540 as a dip-buying level shows just how much sentiment has swung around in the last week. Word from the option market is that the last of China's barrier options was at 1.4550 and that there is clear road ahead at the moment.
