FXStreet (Guatemala) - Despite the fuzzy Spanish elections and Fed hike, EUR/USD was a last minute bid overnight, meeting the 200 SMA at 1.0927 with a high scored at 1.0938. Moves can be a little exaggerated in the thinner markets and one must feel for the stops triggered and SMS notifications ruining your Xmas party. Look out for the last minute option expiries as well, such as 3.1B in euro expirations today at 1.09, and the final positioning and settlements and then await real leverage/flows that will return in the New Year on a more level playing field as desks come back and with perhaps some New Year's resolutions, such as not to run your losses too much while we hope for a more directional theme next year - yeah right! There is a bit of last minute data in the US GDP Q3 final revisions to go, PCE and US durable goods. Meanwhile, looking ahead to 2016, last Friday, FXStreet hosted a special event about what 2016 might hold for the Forex traders. The panelists were Ashraf Laidi, Boris Schlossberg, Adam Button and Valeria Bednarik. Today, we want to share with you the recording of the whole show. Watch now and look out for commentary around the Fed and ECB and the possible headwinds from China in the currency wars. EUR/USD levels Technically, EUR/USD downside is to play for below 1.1000 and the current lows represents not just the May low, but the July low, the 7th December low and the 20 day ma at 1.0822. Karen Jones, chief analyst at Commerzbank said this is a pivotal point and a break down through there is likely to trigger another leg lower to the 1.0523 recent low (favoured). "Currently we suspect that the 20 day ma will hold the initial test – but only temporarily," she warned. For more information, read our latest forex news.