EUR/USD: Drops Out of Bed as 1.3565 Gives Way

Most people thought there was a good chance that EUR/USD would slip to the 1.3530 area if 1.3565 support gave way, but it was a great surprise for it to happen in milliseconds. Unable to rally after hawkish comments from Weber, dealers dumped EUR/USD and EUR/JPY sending both pairs sliding. 1.3525/30 is next support of note; 1.3565/70 should contain bounces.