EUR/USD: Stops Above 1.3510, Mix Of Stops/Sellers 1.3520/50

There are stops in the EUR/USD above 1.3510 with a mix of sellers and stops layered between 1.3520/50. Traders are eyeing the USD index, which is trading around 82.35 just ahead of major support at 82.25. The USD index broke below trend-line support at 82.55 during the US session and a clear break below 82.25 would confirm that the USD is set to leg lower. Hourly support for the EUR/USD has formed around 1.3470 and a break below that level would temporarily relieve the upward pressure and target a drift towards 1.3440/55. The EUR/USD trades 1.3486/91.