Range extends down to support target
The EURUSD fell with momentum through the trend line and in the process did extend the range to the 100 hour MA and the 38.2% of the move up from last week's low. That area comes in at 1.1628 area.
The price has bounced a little higher off that level. The underside of the broken trend line remains a risk level for shorts now at 1.16594.
On a break of the support the 50% and 200 hour MA at 1.1614 will be targeted next.