FXstreet.com (Barcelona) - Euro rally posted during the European session has been short lived, and, capped at 1.3035, the Euro has turned down breaking support at 1.3500 to advance towards at 1.3440 support moments before the U.S. session opening.

If the Euro breaks 1.3440 support level 1.3415 would be the next support, and once below there 1.3325 (Jan 27 and 28 high) will come into sight. On the upside, 1.3500 ought to be broken to set an assault to 1.3545, and above there, 1.3580.