A really quick snippet via JP Morgan on the euro, short term levels ahead:

Resistance

  • 1.1452
  • 1.1490/00

Support

  • 1.1370/80
  • 1320/30

Re the near term fundamentals

  • optimism around the potential for an agreement on the terms of a relief fund this weekend
  • an agreement this weekend would be an optimal outcome, although in the event that this is put off for another month we would regard any Sunday night/Monday AM dip as a buying opportunity

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ps. JPM are referring to the meeting of EU leaders on Friday

  • a face-to-face summit
  • for discussions on a €750bn post-Covid stimulus package
  • and also on a seven-year budget worth another €1.07 tn
  • meeting to continue on Saturday, may go longer