Euro touches fresh low as it clings to support in fifth day of losses

Euro testing session low with little support to fall back on

The euro is down nearly 50 pips on the session to 1.1082. All the declines have come in the past two hours. It touched 1.1078 to make a fresh session low.

Ryan touted the 1.1085/80 zone of support earlier. I see a bit more below it and down to 1.1069 but it's increasingly thin. If it breaks, it could be a quick trip down to 1.1026 or below 1.1000.

The ECB minutes initially didn't cause any selling but they may be behind the souring mood in the euro.