EUR/USD finally broke 1.1300 key support level as a wave of Dollar buying jumps in. The down trend from 1.2555 should have resumed. Next downside target is 61.8% retracement of 1.0339 (2017 low) to 1.2555 at 1.1186 next. Based on current momentum, it should be too difficult to get through this level. The real test will lie in 61.8% projection of 1.2555 to 1.1300 from 1.1814 at 1.1038. Reaction from there will show if there is downside acceleration.
