EURUSD sellers make a push to new lows and below a key floor area.

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The EURUSD is pushing to fresh session lows and, in the process, has broken below a key support zone between 1.13908 and 1.14102. The move below that floor shifts the focus to the next downside target—the 38.2% retracement of the rally from the January 2025 low to the January 2026 high—which comes in at 1.13544.A break below 1.13544 would strengthen the bearish bias further and open the door for additional downside momentum as sellers press their advantage.What would disappoint the sellers? A quick move back above the former support area at 1.14102. Such a recovery would suggest the downside breakout has failed, forcing sellers to cover and potentially triggering a rebound back to the upside. Traders want to see a break and run, not a break and fail.. This article was written by Greg Michalowski at investinglive.com.