EURUSD extended its downside movement from 1.0990 to as low as 1.0756, breaking below 1.0768 support. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.0700 area. Near term resistance is at 1.0800, a break of this level could bring the price back towards the trend line.
