EURUSD runs through 1.0640 to 1.0636
The area of support from the last day or so has been broken, albeit modestly. It looks like we've seen some small stops run down to 1.0636. Bids at 1.0630 look to have cushioned the blow.
That 1.0640 support might have been protecting the stronger looking 1.0625/30 area.
EURUSD daily chart
If we quickly take back 1.0645/50 then we might have just seen a bit of pressure release but if we stay below, (as it looks like right this second) 1.0630 is likely to be tested and there could be more stops if its broken.
I haven't liked the look of the PA all morning in this pair so I'm holding off adding back some of my longer-term longs.