Having bought a chuck of EUR/USD earlier in the day, the holder of the 1.3600 digital can now sell into strength and buy back on dips, trying to maintain prices above 1.3600.
Some of that natural selling interest will dry up after 14:00 GMT, so we have a better chance to rally later this morning.
US bond yields have edged back up a few ticks, taking a little steam out of dollar weakness.
EUR/USD trades at 1.3609.
