DislikedMike ... here is my take.
This could be short covering BUT if we see some form of bull flag form thru asia( down move ending in a quick spike down in Frankie , with high vol) then we can assume that in fact there are buyers interested and eu moves to top of channel at 1,3680
eu is Pretty volatile both ways right now , so any thing can happen
gj is even more predictable than eu right now....and it is named the beastIgnored
i say they partial default.
however... i do believe the market is tired of buying dollars.
m