EUR/USD falls to session low of 1.2246
And that takes out the Friday low of 1.2250. As mentioned earlier in the day here, the pair looks poised for a test towards the downside - and now with the crossover/"death cross" of the 100-hour and 200-hour MA the momentum is clearly with the sellers.
The next key level to watch out for is the 8 February low of 1.2212 and the 100-day MA @ 1.2206. The former is a support level which stalled the fall earlier this month, and the confluence of the two levels indicated will be a key area of interest for buyers.
