Euro / dollar. Comments on the current situation

During the European session, the euro / dollar is traded on the minor note. According to one of the dealers in real time among active sellers of the pair seen real money account. Euro / dollar rate was again below the thirty-eighth figure and slumped to $ 1.3780/70 area, where, as noted by market participants, there was interest in buying a pair from Asian sovereign accounts. This region is still possible to euro / dollar good support. Stops are located at the break of $ 1.3770. Morgan Stanley analysts believe that the pressure on the single currency will continue in relation to the possible diversification of reserves in China, which plans to revise its strategy for the redistribution of assets. Current euro / dollar $ 1.3789.