No bounces to speak of this afternoon for EUR/USD. Barely 1.4675 before lower again.
Risk aversion remains high. Oil’s down $3, the S&P down 1.5% and the CHF is firm against the EUR while holding steady against the Greenback.
1.4335 the low this far. Next support at 1.4323, the 50% retracement of the recent rally toward 1.4700.
Stops lie in the 1.4310/15 area and again below 1.4300.
