EUR/USD has turned tail after reaching 1.3107 highs. Talk of a high profile hedge fund manager reiterating his belief a Euro zone sovereign debt implosion will sink the euro. As i noted in the comments, Taylor forecast the dissolution of the euro zone back in May at the height of the crisis, so he is heavily invested in the idea (probably literally) of a collapse in EUR/USD.
Small sell stops are clustered below 1.3060 support in EUR/USD but buyers are seen at 1.3045/50. More sell stops reside around 1.3035. EUR trades at 1.3073.
