Fall below the 1.2153 level added to the selling momentum.
The EURUSD tumble continues and the pair looks toward the 1.2100 level. Below that the 1.2092 is the swing high from early January. A move below that level and the 50%of the move up from the November low, comes in at 1.20538. Those are the targets from the daily chart.
On the hourly chart, a lower channel trend line comes in at 1.2070 area. That may be an interim target on a break of the 1.2092 level.
