Traders report some decent bids on the dips to the 1.3770/80 area. Stops, of course, are clustered just below.
Look for a “sell the rallies” mentality to set in after bulls got burned yesterday and again overnight. 1.3830/45.
Crossing the wires, the French energy minister says that 4,000 of France’s 13,000 petrol stations are “awaiting supplies” as strikes cut fuel distribution.
