Consolidation has been the name of the game so far this week for the EURUSD.  The pair briefly touched price support at 1.2815 in late trading monday and has since been on a one way track lower.  Support is still just below at daily price support at 1.2645 and year to date lows at 1.2625.  If this zone is broken we could see a measured move lower into the 1.20 area.

Sup    1.2645/25

Res    1.2815