At support: The EUR/USD market has been bearish the last couple of weeks since finding resistance near 1.3140. As we begin the 10/26 US session, it is cracking the 1.29 handle, and testing a key trendline support. If the market holds above 1.2875, it respects the trendline. However, a break below 1.2850 is likely a clear break of the trendline, which first opens up the 1.28 handle but would also be a major bearish signal. Range and 1.30 handle: The break of the trendline is not as significant now because of the fact that simply a sideways market can now break it. The sideways market I am talking about is held between ... (full story)