EUR/USD washed out to the 1.4178 level but held support down at 1.4170 and has since bounced. Traders say real money accounts (asset managers) have been buyers on the dip. Sellers are seen on bounces toward the 1.4250/55 area area near-term with more than a handful of accounts still nursing longs after buying earlier on the session on upbeat US economic data.
EUR/USD trades now at 1.4208.