Judging from the early price action, America badly wants to see the euro fail. I don’t need to see any more evidence than the 20 pip fall in the past few minutes.
Minor stops were hit below yesterday’s 1.3084 low but the 200-day moving average at 1.3079 is intact but it will break on a strong jobless claims number. Look for more stops below then bids from 1.3060 down to 1.3050.