EURUSDs fall continues. Cracks below the 100 hour MA

Month end. so flows may heat up in the next hour

The EURUSD fall has continued following the GDP data today. Also it is month end, as a result, there may be additional flows into the London fix.  

The pair fell back below the 100 day MA earlier, traded around the level, and is now making a run below the 100 hour MA (and trend line) in the 1.1366-68 area).  On more downside, the 1.1348 is home to the 38.2% of the move up from the February 15 low, and the 200 hour MA (green line). 

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