The EURUSD is stretching toward the low from last week and in the process of moving toward the low from last week. A move below that level and the 1.0750 level (swing low level from the daily chart) should open the downside for the pair as traders become more comfortable below it’s 100-day moving average at 1.0811. Stay below the 100 day moving average is more bearish from a longer-term perspective.