Equities and commodities have stabilized but they have not rallied much (now-0.75%) but the EUR continues to perform admirably. It dipped briefly to the 1.2295 area before rallying again and now trades 1.2330 after reaching 1.2336 highs.

Looks like the single currency has a mind of its own today. 1.2340 is the objective of the tiny double-bottom highlighted earlier. 1.2350 is further resistance.