EUR/USD trendline support holds nicely, sellers waiting above 1.3260

The bullish trendline from 1.2625 through 1.2970 comes in at 1.3150 and that level held nicely overnight, a fact that will be giving short-term bears some cause for consideration. Sell orders are still reported between 1.3260/85 and this level may prove difficult to overcome in the very short-term. In other words, more range trading ahead.