EUR/USD rally

Positive equities markets failed to offer EUR/USD a cushion Tuesday and the full break of its 200-day MA around 1.4300, and loss of key support at 1.4215 opens risk toward the August 14 low of 1.4080 says Trader. Now trading at 1.4181 and Trader says selling EUR/USD on any rally remains the theme, at least as long as EMU woes loom.