EURUSD hits support at 1.0865

EURUSD now extending losses after the 1.0900 break

There's support here at 1.0865 and the euro is looking awfully soggy right now.

Bigger support is at 1.0820/25 but even that might not contain a moderately dovish Draghi in around 15 minutes

EURUSD daily chart

If 1.0820/25 breaks that could be the tipping point for a good move south

All eyes will be on Draghi in A few minutes but the market is already getting ready to sell him