It seem EUR is holding onto the intraday support level here at 1.4060. We havent seen any major flows in Asia for a few days now. It looks like the market might we looking towards Wall St tonight and in particular and news on CIT. Dow futures are pointing slightly down at the moment, -20 points.
Watch the 1.4060 level over the next couple of hours, a move under that should see us back to 1.4020-30 area. Topside there are intraday sellers just above 1.4100 which I doubt will stand in the way in Europe decides to take it higher.
