The EURUSD is trading to a new low for the day at 1.1426. The move lower is looking to test the low price from last Friday at 1.1417. The low price for the year going back to early March comes in at 1.14102. Getting below those levels would have the pair trading at the lowest level going back to August 1. The low price on that day came in at 1.13908.
Key floor for the pair being approached. Be aware for a breakout.
This article was written by Greg Michalowski at investinglive.com.
