EUR/USD tested resistance at 1.3765 but so far that level has held the line.
Markets have abandoned any pretense of trading off of fundamentals and are trading off flows: Short-covering for some, profit-taking for others.
Look for short-covering to accelerate if 1.3765 is overcome, putting resistance in the 1.3810/25 area in focus.
Bids are eyed at 1.3680/90 now on pullbacks.
