On last Friday price broke below support at 1.0980 and downward movement is continuing. Period of low volatility at EURUSD should has been already finished, because in next three weeks there will be important macro events which should caus higher volatility (US non-farm payrolls, ECB meeting, FED meeting).
Nearest target for supply is 1.0810 and currently that level should be tested. At that level rebound should occur and targets for that movement are located at: 1.0980, 1.1100. If EURUSD continues declines next supports will be located at: 1.0710, 1.0520.
