EURUSD extended its pullback from 1.1860 to as low as 1.1722, breaking below 1.1740 support. Deeper decline to the resistance-turned-support level at 1.1690 is still possible after a minor consolidation. Breakthrough there could trigger further bearish move towards 1.1554, followed by 1.1400. Near term resistance is at 1.1800, only break above this level could trigger another rise to test 1.1879 key resistance.
