It seems the pound is to blame for the problems of the euro's growth. The pound's sharp fall in the last two weeks - by as much as 400 points - could not help but also pull down the euro. But as you can see, the euro's fall is much more modest. Buyers resist.

So, the euro is back in the range.

We are ready to buy the euro from 1.1225.

We are ready to sell the euro from 1.1130.