EUR/USD having earlier sold off to around 1.4085 in wake of China and Russia selling, is currently extending it’s recovery, presently back at 1.4135.
There’s evident caution ahead of the 1.4140/45 area, where both China and Russia are said to have sold earlier. Knowing China, they’ll probably not turn up at same level again.
Talk of some stops gathered around 1.4160.
EUR/GBP is making back some ground, presently back at .8540, and this will be lending EUR/USD support.
Technical resistances now 1.4145/50 and 1.4195/05. US Q-2 GDP awaited.
