EUR/USD: Should be well supported at 1.3200
- Sell-off yesterday was driven by Asian central banks rebalancing reserves after heavy intervention in USD/AXJ;
- Very heavy bids reported yesterday near 1.3200/10 and again near 1.3180 from Sovereign wealth types;
- EUR has turned a bit soft again against the GBP and is giving back some ground against the AUD but;
- EUR/CHF has seen some heavy buying by well-connected players over last 24 hours.