Swiss traders are generally the first at their desks on a Monday morning and they obviously prefer the short side of the EUR/USD with the pair already showing more volatility than was on show for the entire Asian session. 1.3599 the low so far. Option protection ahead of 1.3500 and the overnight low around 1.3530 are the levels to watch on the downside, the rebound high at 1.3645 and hourly resistance at 1.3700 are the topside levels to watch.