The pair started this morning at $1.1789 following a $1.1743 to $1.1846 range during the US session overnight. The pair dipped to fresh 2015 and 9 year lows of $1.1727 last night following the ECJ ruling before bouncing from ahead of the Bollinger band base and receiving a boost from soft US retail sales data. Euro-dollar sank in early dealings to $1.1778, before seeing a sharp bounce to $1.1792 as it tracked aussie-dollar rally following the Australian jobs data. It resumed its weakness after that, slipping to a fresh low for the morning at $1.1773. Afternoon gains in euro-yen helped euro-dollar creep back up again to $1.1788 before it turned back down to last trade at $1.1771. Initial support is now noted at $1.1762 which initially capped the bounce from fresh 2015 lows.
