Not sure what this is related to but there has been talk over the last few days of decent sized buying interest in the cross below .8175. If you’re not already short from good levels, it might be best not to start chasing this pair lower from here.

Elsewhere on the order books; EUR/USD looks to be in a consolidation range with 1.20 now forming a possible top (although there are now trailing stops building above there) and option interest at 1.1750/1.1800 the likely base.