Depending on which charting system you are using, the 200-day SMA comes in somewhere between 96.60/75. We also have the previously broken trend-line which many are now watching for support (see chart) and I’d expect many macro longs to start exiting below 96.50.
The US budget situation is not helping either USD-longs or risk-longs and we could be just one bad headline away from seeing these levels tested.