While EUR/US trades at fresh session lows in the 1.37-teens. Next support of note around 1.3665.
EUR/USD is threatening to close below both the 10 and 21 day moving averages for the first time since the 10th of September, the day before the rally ignited. The 10-day average is at 1.3928 at the moment; the 21-day is at 1.3729.
The first fibo retracement of the 1.2640/1.4060 comes in at 1.3583, a sobering thought for bulls that this slide yeas yet to retrace even 38.2% of its rally.
