EURUSD completes the up and down lap and extends to new lows

100 hour MA busted at 1.08345
The EURUSD has completed the up and down lap and is now extending to new lows. 
The earlier low for the day, bounced off the 100 hour MA.  The high extended to the 50% retracement and the swing area in the 1.0886-96 area. The run back lower has now pushed below