EUR/USD sits at 1.3000, trading in early Europe relatively calm. Risk aversion remains high though given swine flu, US banking, concerns.

Technical supports at 1.2980/85 and 1.2945/50, resistance up at 1.3035/40.

Sources report some buy orders lined up at 1.2980 d0wn through 1.2950, sell orders up at 1.3080.