That seems to be the short-term risk in EUR/USD after multiple attempts to forge through the 1.3000 area have failed in the last 24-hours or so. Stops are plentiful from short-term bears above the 1.3090 area now, traders report.
The 10-day average around 1.3140 could slow any short-covering rally. Downtrend resistance comes in around 1.3165.
