That run lower in the EUR/USD seems to have steadied above the importand 1.3410 level with a low of 1.3413 seen. As the hourly chart shows, there is a nice little triangle forming which should see the break back above 1.3500 take us back closer to the 1.3700 level, so look to buy on the break of 1.3511. Just for a tight one, in case this 1.3410 level lives up to expectation, leave a bid in at 1.3425 with a stop below 1.3380. Watch the reaction on further tests of 1.3500/10 and if we dont make it through then cut the EURO you bought at 1.3425.
