Oil is gone into freefall, now at 58.45, down from well above $60 in early US trade. US equities are lower now across the board now as well. EUR/USD is slumping too, now at 1.3920 from near 1.3980 early on in NY.
Support comes in on the charts at just above 1.3900, drawn from the lows of 1.3880 late last week and 1.3830 early in the week.
