• The market is awaiting the ECB later tonight which should ensure some range trading.
• Light stops reported below 1.3765
• Strong technical support 1.3740
• Also very solid buying interest reported between 1.3725/50
• Interbank dealers still see the topside as the most likely with the market still short EUR, especially on the crosses
• Expect quiet Asian session
• Buy dip strategy still looks the safest bet