You are about to endure a worldwide financial cataclysm.
The Chinese have an enormous capacity to support the EURO and, according to high-flyers I know in the finance world, have market-moving buy orders at key-levels.
Why? Europe is one of the biggest markets for China and they have a vested interest in keeping the EURO healthy. Buying many billions of EUROS is spare change to the Chinese but it supports one of their biggest markets and increases their political influence.
Governments constantly intervene to tweak currency pairs and the Chinese are known to be very active to support there trading goals.