- Solid technical support held yesterday at 1.3510/15 but the bounce has been fairly timid so far;
- EUR/JPY neckline support held near 140.40 but a break below will lead to heavy long-liquidation;
- EUR/AUD is overbought in the short term, in my view, after reaching ‘neutral’ levels at 1.5500;
- EUR/GBP is in a downtrend, the market sentiment is bearish, and players are looking for more reasons to sell.
If 1.3500 breaks then I see EUR bearish momentum increasing significantly.