It’s looked like a drip hanging from a tap for the last couple of hours and now it’s dropped. We’re back through 1.3600 from 1.3608 to 1.3595 as the market runs out of patience in taking it higher.
Bids are seen at 1.3580 (the FX market does love an 80 level doesn’t it) along side some tech support. The October lows at 1.3586 and then 1.3576 will be looking to catch any falls short term. If they go the we could be back to the 1.3450/3550 range we were in at the end of September.
EUR/USD h4 chart 04 10 2013
