A bit of a swan dive from 1.0730 in the last few minutes
It looks like the yanks are coming in hot for some dollars.
EURUSD has tripped some small stops through support around the 1.0710/15 area, possibly from longs who got into that last bounce from down here.
EURUSD 15m chart
This move is definitely USD related as yen pairs are lower. Treasury yields that fell back from earlier highs are moving up again. 10'2 are a smidge below its earlier high.
1.0700 is under fire as I type, look for some stop action if that goes, and a confirmation of a break holding if we retest 1.0700 after.
