EUR/USD is eying the 1.3650 high posted after Geithner stumbled over the China/SDR question yesterday. Small stops are perched above. Further congestion sits at 1.3680 and 1.3735.
Reflation remains a theme this morning as equities firm, commodities rally and US economic data begins to moderate.
Technically, EUR/USD has retraced better than 61.8% of the 1.3737/1.3416 decline after breaking back above that fibo again this morning.
