EUR/USD: Sorry no ideas, too hard!

• The EUR crosses remain quite well bid although some like EUR/AUD and EUR/CAD are showing signs of short-term ‘tiredness’.
• The market is still slightly short of EUR but positions are at quite low levels.
• Technical support is strong near 1.2750 and Sovereign buyers are reported on dips.
• Sovereign sellers are also seen near 1.3000, strengthening the case for further range trading.

I haven’t traded EUR/USD for a while and that’s not likely to change; more clarity elsewhere.