The EURUSD moved below the 100 hour MA and had the 38.2% retracement as the first target (also lows from Monday) and then a cluster of support at 1.1267-719 area. That cluster of support defined by the 50% retracement, 100 day MA , trend line and 200 hour MA, should solicit some profit taking with stops on a break below.
The 1.1300 level is close risk for shorts now. More conservative risk is a move back above the 100 hour MA at 1.1308.
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