EUR/USD managed to trigger stop-loss buy orders above the important area of resistance between 1.3070 and 1.3085. Prices ramped up to 1.3111 before pausing. 1.3144, the 61.8% retracement of the 1.3378/1.2763 decline is the next area of resistance for EUR/USD. Signs that the ECB is trying ward off a potential currency crisis, comments which suggest we’re close to a low in ECB interest rates and a rebound in European and US share prices are helping support EUR/USD near-term.