If market sentiment for the EUR is to improve then it is vital that the crosses start putting in interim bases and start to rally. EUR/CHF as I’ve just mentioned at 1.3750, EUR/AUD will need to hold above the break-up level at 1.4000/50 and EUR/GBP will probably need to hold above .8150/75, where there are rumoured to be some big bids. All of these levels will need to hold in order for the EUR to sustain any sort of recovery. EUR/JPY is the one cross pair which is still showing no definitive sign of wanting to put a base in and we need to see some more market signs over the coming days.