Weekend political upheaval in France and Greece has ensured a weak start for the EUR in early interbank trade. EUR/USD is trading at its lows near 1.3025, EUR/GBP is at .8070 and EUR/JPY is below 104.00. AUD/USD has also slipped from its NY closing level to be trading near 1.0150.
Barriers reported at 1.3000 in the EUR/USD but heavy stops below there and also hearing early reports of stops in the EUR crosses; worth also keeping a sharp eye on EUR/CHF this morning with the low so far at 1.2003.
Good luck today.