Eur/usd - 1.2290 ... Although euro has fallen sharply fm Asian high of 1.2353 to 1.2262 on renewed cross selling versus jpy n sterling , the single currency bounced briefly on profit-taking despite the release of weaker-than-expected eurozone industrial production data in April which came in at 0.9% m/m n 22.1% y/y versus the expectation of 1.6% m/m n 21.5% y/y. Offers are tipped at 1.2295/00 n 1.2315/20 with stops seen abv 1.2330. On the downside, some bids are located at 1.2260/65 with mixture of bids n stops is located at 1.2250.