EURUSD breaks support as tariff fears lift inflation concerns; key support ahead ...Middle East

The decline also takes price further below the 100-hour moving average at 1.0812 (and moving lower), reinforcing the bearish momentum as sellers continue to press lower.

Much will depend on how the tariff situation unfolds. As Adam suggests, the initial bark may be worse than the eventual bite, but the market often struggles with uncertainty. And when the dust is kicked up, it can linger for some time.

Risk for sellers looking for more downside is 1.07767.

This article was written by Greg Michalowski at www.forexlive.com.

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