Well the aforementioned buy interest down at 1.3900/20 area proved very durable. We posted a session low at 1.3905 but have subsequently bounced to 1.3960 at writing. Sources report Middle East names having been good buyers around the lows.

From here, we have some slightly conflicting reports. Some sources have sell orders lined up at 1.3900/00 with buy stops just above.

Others have sell orders lined up at 1.3990 through 1.4010, with buy stops just above there.