The EURUSD sliced below key support in the 1.30/1.2970 zone to open New York Trading on Wednesday. The cross pushed as low as 1.2910 before rebounding in afternoon trading.  Resistance can now be found at past support at 1.30.  A break of this level could lead to a short squeeze higher.  Support starts at 1.2910 followed by 1.2860.

Sup               1.2910             1.2860

Res               1.30