It was all looking quiet healthy an hour ago but the rally on the back of the EUR/USD fell short of the Asian highs of 104.36 and we’re now heading back to the early European lows of 103.41. Bids are below at 103.20 and 103.00 ahead of the Oct 7 lows of 102.58

On the topside tech resistance sits at the ichimoku cloud base at 104.40 ahead of offers at 1.0475/80.

EUR/JPY’s sitting around 103.60