EURUSD trades to a new set as low as the day draws to a close. In the process, the price fell below the swing area between 1.1062 and 1.1075 bread, see the red numbered circles on the chart above.

Another downside target comes against the rising 100-bar moving average on the 4-hour chart and the 50% midpoint of the move up from the July 6 low. Both of these levels are close to 1.10539. A break below each of these levels would open the door for further declines.

Conversely, if support buyers are bailing against the dual level, I would expect another run towards the 1.1092 area and then a break of 38.2 at 1.1106.