• EUR/USD: Stops seen below 1.3040 and I’m hearing that momentum funds and CTAs are building their short positions again, adding to existing shorts on bearish breaks
• EUR/GBP: Bids at .8265, sell orders now near .8325
• EUR/JPY: Some stops were triggered earlier this morning below 99.60; momentum funds and CTAs also noted sellers
• EUR/CHF: BE CAREFUL!! Huge stops below 1.2000 just in case SNB is out for coffee!!