EUR/USD – Short squeeze brings pair back above 1.14

  • EUR/USD extends gains on the day; hits a high of 1.1436
  • Citibank notes that leveraged names have been sellers, but that has started to unwind
  • Turnover on the banks’ platform is reasonable
  • Next resistance eyed at 1.1443, which is Fridays’ low, then 1.15

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