BREAKS below trend line and MA

The EURUSD has made a break to the downside and is testing the key target area at the 1.0709-06 area.

The 1.0700 is the 50% of the move up from the March low. The 1.0706 is the old 38.2% of the move down from the November election high. The swing lows form March 16th stalled at the 1.0706 area.

The area should stall the fall. If it does not, get out.

We just looked to trigger some stops. The low went to 1.06964. Key moments for traders here.