Tagged on about 20 pips since I first sat down, presently at 1.2310.
Sources report US bank notable buyer of the EUR/JPY cross in recent trade, which has helped support EUR/USD. The cross is up at 96.20 from 95.85 when I arrived.
Back with EUR/USD, sell orders seen clustered 1.2320/30, buy stops through 1.2340.
UPDATE: Just being told some buy stops through 1.2330 as well. So through 1.2330 AND 1.2340!!! OOOOH I say, how exciting.
