Ella 
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EUR/USD opened sharply lower, falling below the 1.0780 support level.
The 4-hour chart shows EUR/USD trading below a key bullish trend line with support at 1.0850.
Looking at the 4-hour chart, EUR/USD is trading below the support at 1.0850. Recently, Iran launched more than 300 drones and missiles towards Israel. This heightened tensions and triggered strong bullish sentiment in safe-haven assets such as the U.S. dollar.
EUR/USD fell below the 1.0750 and 1.0720 support levels. EUR/USD even fell below the 100 simple moving average (red, 4-hour chart) and the 200 simple moving average (green, 4-hour chart).
