1.3460 Critical support for EUR/USD, barriers rumored near-by

EUR/USD losses have accelerated in late European morning trade, sending EUR/USD within shouting distance of trend lows at 1.3460 which have been in place since Bernanke wrong-footed the market at the September FOMC meeting and failed to taper. Heavy stops are rumored below 1.3460 but there are also report of exotic options at 1.3450 which could be defended. Nothing perpetuates a range like giant central banks defending  barriers...