EUR/USD: Crashes through 1.3530/35; 1.3520 Holds

EUR/USD selling snowballed a short while ago, rapidly slipping from the low 1.3550s to 1.3520, a colossal move given low volatility markets of late. Long liquidation is the theme today with no fundamental particular catalysts noted. 1.3520 support is key as a further crop of stops lie just below. 1.3480 is a target on a 1.3520 break. 1.3545/50 offers lie above the market which trades at 1.3524.