EUR/USD took the elevator up this morning and now it is slowly walking down the staircase. The slow decline keeps the bleeding manageable, but you can still bleed to death slowly, nonetheless.
Bids are eyed in the 1.3610/20 area with small stops below 1.3610. Larger stops are down below the 1.3580 area, traders say. More trailing stops are seen in the 1.3540/50 area.
We trade now at 1.3635 after being as low as 1.3627 a short while ago.
