Support at 1.4050 is being tested as EUR/USD liquidation continues. Stops below the 1.4070 levels have been trigger on this latest slide.
1.4015 is next support should the pullback extend.
One interesting note in EUR/USD: we have not closed below the 10-day moving average since late april. That average is at 1.4077 at the moment. Another warning sign that a medium-term top may be in place.
