EUR/USD: Resuming sharp reversal into 1.3140.
EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line).
The bearish move is now being further anchored down by heightened European sovereign debt risk after Italian Govt. yields launched above 7%.
The recent break under 1.3653 (18th Oct low) unlocks further downside scope into 1.3146 (Oct swing low) and psychological level at 1.3000.