EUR/USD slid to its lowest since Feb 7 at 1.3098 in recent dealings before recovering slightly. The pair steadies around 1.3110 at time of writing, where it records a 0.6% loss on the day, having lost nearly 100 pips from daily highs.

In terms of technical levels, next supports below 1.3100 could be found at 1.3070 and 1.3050 ahead of the key 1.3030/25, while on the upside resistances are seen at 1.3150, 1.3200 and 1.3240.