EUR/USD dropped nearly 60 pips from highs and slid to session low of 1.3138, although the pair has managed to regain the 50% retracement of the 1.3320/1.2974 fall at 1.3147, and consolidates above that level.

At time of writing, EUR/USD is quoting at the 1.3155 area, still up 0.2% on the day. Below 1.3150, Valeria Bednarik chief analyst at FXstreet.com sees next supports at 1.3125 and 1.3080, while she places resistances at 1.3210, 1.3240 and 1.3275.