EUR/USD is bouncing mildly after finding willing buyers in the 1.4050/60 area. the level from which central banks began their heavy buying yesterday in London. It’s a logical spot for intraday bears to take back some of their shorts and for the brave to get long ahead of the weekend. A break below the 1.4040 area could see a run for stops below 1.4000 if we gather momentum in thin Friday markets…1.4090 is offers are eyed on rebounds near-term. A 1.4060/90 afternoon range would not be the least bit surprising.