EUR/USD fell 0.92% as USD strengthened and impact of Russian gas cut-off weighs nL2N2WP2GV

The break and close below 2020 low at 1.0636 targets the 2017 low at 1.0340

Option related bids ahead of 1.0500 may slow the downward trajectory for now

A break below 1.0500 would spark speculation that parity is on the cards nL3N2WP2A2

EUR/USD stuck in down-trend with 5, 10 & 21-day MAs in a bearish alignment

Only a break above the 10-day MA at 1.0733 would ease downward pressure

For more click on FXBUZ