EUR/USD is in a correction mode. This morning the pair broke below the uptrend line but bounced back above it. For today’s NY cut (14:00 GMT) a large option with 1.4680 strike is expiring and could attract the pair. Support is at 1.4680/70 and 1.4580. Resistance is at 1.4760/70 and 1.4830.

If you have heard that the USD should depreciate, because the United States are the biggest debtor check this out:

http://www.cnbc.com/id/30308959/