Some late action at the European close
I've got a little gap showing on my chart, anyone else?
EURUSD 15m chart
Might just be me but I've got the same on cable. Bloomberg shows 1.1214 as the low
Anyway, that's a test of the support I highlighted earlier and with USDJPY having another look above 113.00 we might have some late (for Europe) fun
Bear in mind that with the threat of intervention in the air, watch out for some covering in USDJPY, and indeed positioning for intervention at these session closes, particularly into this long weekend for the US. Those low liquidity conditions might just tempt the BOJ to hit it first thing in the Asian Monday.
