EURUSD trades to a new session low ...Middle East

EURSUD moves to new lowsThe EURUSD is trading to a new session low of 1.0856. That comes after breaking below a swing area between 1.0878 and 1.0887. US yields are trading at new highs with the 10-year now higher on the day up 0.8 basis points at 4.425%. The 2-year yield is up 4.4 basis points to 4.929%.The low price last Friday reached 1.0824 and that will be the next target on the downside. Below that is the 200-day moving average 1.08078. Looking at the daily chart below, the price on Tuesday extended above the 61.8% retracement of the 2023 trading range at 1.0959, but after reaching a new high going back to August 11 of 1.0964, momentum stalled, and buyers turned to sellers. The price is

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