1.0950 marks the top for the euro and it's back south we go
Traders report that there's been a fair bit of month end buying in the euro this morning and that looks to have dried up for now. 1.0950 was a level I noted yesterday as a point to consider a short and unless you had a 1 pip stop, you'd be well in the money now.
EURUSD 15m chart
1.0890 was the first support level to watch and that's been flushed down to 1.0880. 1.0860 is the next level to keep an eye on as if that breaks then we could have a speedy trip down to test yesterday's lows at 1.0820. It's no surprise to see why that level is so important
EURUSD daily
A quick return down there is likely to see us push through but I'd suspect that the level will start to be protected around 1.0830, as it was yesterday
