EUR/USD lower for third day as stops below 1.3265 tripped

EUR/USD fell to one-week low after retail sales.

It’s early but the euro looks to be failing in its effort to break the June highs, its first effort anyway.

EURUSD technical analysis August 13 2013

EURUSD daily chart, back to 1.32?

Stops below 1.3265 were flushed on the way down. There is strong demand around 1.3232. The option market shouldn’t be a factor today, there are no nearby options of any size.

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