There were some small stops hit on the move through 1.3570 and traders we’re eyeing a break to increase shorts. Last weeks low at 1.3500 is the next main support point but the stronger 1.3480 is the one I’m watching.

EUR/USD daily chart 10 06 2014

EUR/USD daily chart 10 06 2014

With shorts increasing through 1.3580 this will become the first line of defence for a move back up.

EUR/GBP is taking a double whammy from some pound strength and 0.8035 is the first line of tech support ahead of the big 0.80.

EUR/GBP weekly chart 10 06 2014

EUR/GBP weekly chart 10 06 2014