EUR: Possibly attempt small longs at 1.3920

EUR Comment: Expect a downside probe today in what we see as an A, B, C-type correction from June’s high at 1.4339. Others will be pointing to a potential interim top and a potential ‘head-and-shoulders’ formation. Strategy: Possibly attempt small longs at 1.3920; stop well below 1.3900. Short term target 1.4130/1.4170. EUR/JPY Comment: Dipping below the 9-day moving average for the first time in weeks making the picture look slightly top-heavy. We shall continue to allow for random moves