The euro is down to the lowest since June 16 at 1.3522.

There are bids from here all the way to the big figure and a rumored option barrier at 1.3500. There’s some good momentum to the downside but I think we’ll need a catalyst to break through. I’ve covered a EUR/USD short and I’ll look to sell again if/when 1.3500 breaks.

EURUSD daily

EUR/USD daily