The rout on EUR/USD broke through the 100/200 day moving averages, cut through a round of bids and tripped large stops.

Some offers are now building at the 200-day at 1.3147. On the other side, bids are lined up at 1.3100/05 with more around 1.3075 and then down at 1.3020.

The daily chart offers a solid look at the important levels.

EURUSD daily chart Sept 5

EURUSD daily