EUR/USD got down to 1.4778 earlier which is right on it’s short-term range base. Now we are testing the range tops near 1.4860. As I mentioned earlier, stops are reported above 1.4885 with option protection at 1.4900 (reported on Friday so presumably still live).

The USD-index is trading at 3-year lows so despite the fall in PMs, the USD remains unwanted.