EUR/USD sits at 1.4705, looking a little soft, in slow early European trade. Chinese shares are seeing accelerated losses, Shanghai index down 3% which will be weighing. Sources note buy orders lined up at 1.4700 down through 1.4680, with sell stops said to be gathered around 1.4675. On the topside, Asian sovereign selling up around 1.4745 helped cap the overnight rally and as such there will expectations of same on any rally.
EUR/USD soft in early trade; buy orders, stops noted
Source: www.forexlive.com
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