EUR/USD sits at 1.4060 in steady early European trade. The pychological 1.4000 line continues to hold. Talk of defence of option interest at said level, with stops, not surprisingly, said to be gathering just below.
European stocks look likely to get off to an ok start and this should lend some much-needed support, in the short-term at the very least.
Technical support 1.4020/25, 1.4000/05, resistances 1.4070/75 and 1.4100/10.
