EUR/USD caves in through 1.3500

Down to the support I mentioned earlier at 1.3485. Whether it’s enough to halt this move is open to question but the dollar buying is ratcheting up again. From there it’s minor support through to the 25 September low at 1.3460. The 61.8 fib of the FOMC lo/hi spike is at 1.3455. Once that goes then the door is open back towards 1.33

Featured Videos