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EUR/USD takes out stops below 1.1308

Very late yesterday evening an update here focused on the EUR/USD and the fall to session lows. That update also highlighted the risks of a fall below the recent interim lows at 1.1308 and 1.1310. Well, the Euro has just now fallen below the 1.13 handle after it had earlier taken out the lows noted. The low seen has just been set at 1.1297. The next important technical level on the downside remains as stated many times previously and that is at 1.1214 (2024 high), which defined the breakout to 1.1573 last month. The EUR/USD is right now at 1.1301

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