EUR: last week's trading pattern seems to continue. eur/usd is once again aggressively bid into the 1,15 ecb fix. There has been small but steady supply since the pair traded through 1,2960 but ntg that so far could withstand another round of relentless buying. Larger offers lining up just above 1,30 with a really important layer of supply building 1,3050/70. Eur crosses also trading über-healthy. EUR/JPY finally surpassed its 200dma after failing to accomplish this task last Thu and Fri, and eur/gbp is approaching important resistance levels. Trend line resistance that capped the rally last week is to be found ard 8080, just ahead of last weeks high at 8100.