Presently at 1.3334. The Big German seen selling in recent trade.

Talk of buy orders clustered down at 1.3320. Will they be enough to provide durable support? Buggered if I know.

UPDATE: No they won’t. Brief pause at 20 and then lower. Morale of the story; taking on the Big German can by hazardous to your P&L. Not that we’re a huge amount lower, presently at 1.3313.