EUR/CHF held the 1.2400 level and is now bouncing on short-covering, trading at 1.2440. EUR/USD has bounced to the 1.4165 area after bouncing from a 1.4139 low.

Expect the next 60-90 minutes to remain hectic while traders crawl will into their shell pretty quickly after that…

1.4195 is resistance on rebounds near-term.