EUR/USD sits at 1.3110, trying to steady after the overnight Trichet-induced sell-off. Technical supports lie at 1.3060/65 and 1.3040, while resistances are up at 1.3130 and 1.3150/55.
Sources report barrier option interest lying down at 1.3050, while sell-stops are said to be gathered just below 1.3060 and then again just below 1.3040.