There was talk on Friday night of some option protection at 1.3500 in EUR/USD and it looks like the market is going to test the level and see how strong it is, 1.3512 the low so far. A clean break below 1.3500 should see a quick test of the big support at 1.3430/40. Trailing stops from those who sold the 1.3530 break are now expected to be sitting above 1.3550.