Forex trading: EURUSD in the KEY support area

Looking to test 1.0503 month low.

The EURUSD is down testing the KEY support at the 1.0500 to 1.0520 area.

• The triple bottom at 1.0517-20 has been broken.
• The Italian Referendum low at 1.0503 remains as a key target.
• If you go way back to March 2003, the swing low stalled at 1.0499.
• A move below that level and the low from March 13 2015 comes in at 1.0462. We may head right there on a break.

For your guide, the low close going back to 2003 comes in at 1.0493.

We trade at 1.0515 currently. The low reached 1.05089.