Traders report steady buying of dollars across the board from real money accounts this morning and the fairly firm US retail sales data is unlikely to alter that trend.

EUR/USD has fallen to test yesterday’s lows around the 1.3080 area which is holding so far.

If 1.3080 gives way, the 1.3058 is further support, the 50% retracement of the 1.2625/1.3490 rally.