The S&P 500 sits at the lows of the day, about 1.8% below Friday’s close. EUR/USD trades in the 1.3750s after bouncing from support in the 1.3730s earlier in the day.
Stops are building in the 1.3720/25 area, traders warn. Offers are seen at 1.3780/85 and 1.3805 near-term.
1.3685/1.3700 is very important support if 1.3725/35 yields.