EUR/USD loses extra momentum and lengthens the leg lower after being declined from the area over the 1.19 barrier on Monday.

In case sellers persist pushing, then the EURUSD could drop further and visit the key dispute area around 1.1700, where meet a Fibo level and the 100-day SMA.

Looking at the larger scenario, more gains in EUR/USD are likely while above the critical 200-day SMA, today at 1.1343.