Stay below is more bearish.
The EURUSD has now cracked below its 200 hour moving average at 1.1277. Stay below that moving average is more bearish. THe next target area comes between 1.1248 and 1.12633 (see red numbered circles).
The low for the week reached 1.12335. That was about 5/6 pips from a old floor that became the ceiling that became a floor again near 1.12283.
