Falls below 50% floor

The EURUSD is making a NY session low - falling below the 50% floor that stalled the fall earlier in the day. At the top today, we have two peaks against the 61.8% retracement at 1.0777.

The 50% stalled the rally yesterday. Lots of activity around the Fibonacci levels. Now being back below the 50% may have traders back on the bearish offensive.