A break below should turn the beat further around

The EURUSD moved below the 1.0910 level and that has helped to send the EURUSD back down to the 100 hour MA at 1.0890 (low 1.08872). The fall has stalled a little but being back below 1.0910 has helped to turn the bias more to the downside/bearish side. A move back below the 100 hour MA should lead to more downside potential (with an eye open for a failure).

Targets 1.0873, 1.0587 and 1.0850 are the next targets on further downside momentum.