EUR/USD easier in early European trade; buy,sell,stop orders noted

EUR/USD has come under a little pressure in early European trade, off about 30 points, presently at 1.3955.

Technical support lies at 1.3945/50, resistance up at 1.3995/00.

Sources report sell orders up at 1.3990/00, with buy stops gathered just above 1.4000.

On the downside buy orders noted at 1.3900/20. Also hearing reports China bought earlier at the 1.3950 low.