I am long a position around .4010. Not a big position but could be good for a hefty run back up. I think today we saw a risk averse move to the same old safe haven USD in reaction to the rumor of Chinese banks cutting back on their aggressive lending program. The same news pulled down commodities & stock indices across the board. Asian session will tell what may come and whether this was a "buy the rumor, sell the news" scenario.
"If The Fool persists in his Folly he will become wise." - William Blake