The EURUSD has moved below the 100 day MA at the 1.3118 level and stops have been triggered (to 1.3105 low). Traders will keep this level as key technical level for the day. A move back through the level could solicit some disappointment in the selling break.
Looking at the 5 minute chart the price correction off the initial NY low held the 100 bar MA (blue line in the 5 minute chart below). Next support comes in at 1.3096 which is bottom trendline support on the 5 minute chart below.
