Moving away from the 50% midpoint

The EURUSD has moved to a new session low and in the process is moving away from the 50% retracement. The prior lows had dipped a few pips below the midpoint level. This move is just a little more.

Moving away from the 50% midpoint

The 61.8% retracement comes in at 1.1111. That is also near some swing levels going back to July 26.