[EUR/USD]

[EUR/USD] coming off at a fair pace once again in these see-saw markets and we suspect a number of momentum types will still have those reported large sub-1.3400 stops on their minds. On a cautionary note, decent names such as an ACB and a Russian account have been noted dip buyers today. Low for Europe so far is 1.3418. Last at 1.3465/70 at US stocks open.