Whispers around that big money buyers were seen around at 1.0735 on its move south this morning.

There’s a big (EUR 3.2bln) expiry at 1.0725 tomorrow and appears to be providing some sort of defence demand at the moment along with some cited profit-taking

Rallies are still likely to be sold

UPDATE

Other sources saying that some of the bids on Euro have been withdrawn, so trade with caution

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