With the US data out the way for today the markets gaze is going to turn to Europe. The euro has done naff all today but rolled around a 40 pip range. 1.3600 is getting some action with pressure in EUR/GBP looking like the main culprit.
1.3585 is the current line in the sand nearby and the 200 dma still keeps a lid on the topside.
EUR/USD daily chart 04 06 2014
In EUR/GBP 0.8100 sees support ahead of the bigger 0.8080 level
EUR/GBP h1 chart 04 06 2014
Most of the US will still be tucking into their cornflakes when the ECB bomb drops so we may see some position jockeying into the US session close.
