And the decline in the euro continues

EUR/USD down to a session low of 1.1575

The break looks on with EUR/JPY breaking the 50.0 retracement level @ 126.18 as mentioned here. EUR/JPY is now below 126.00 to a session low of 125.93. Meanwhile, EUR/USD is also taken down to test the October low @ 1.1575.

The key level to watch out for in EUR/USD now will be the November low @ 1.1554.

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