Another blink and you miss it moment, lows now at 1.1477
I'll get up a better chart in a bit. But you get gist of it, I was just prepping up that dollar post and then boom. A sudden drop in the pair from 1.1510 to lows of 1.1477.
Barriers and stops at 1.1500 are taken out and this opens up a potentially slippery slope in the pair now.
Okay, looking at the chart above the next support appears to come from the 50.0 retracement level on the upswing for majority of 2017. That comes in at 1.1448 but beyond that it's very nit-picky for minor support levels around 1.1400, 1.1371, and 1.1310-30.
The euro is also falling across the board as a result, with EUR/CHF, EUR/GBP and EUR/JPY also touching session lows.
