The EURUSD is moving to a new session high (USD lower). Yields in the US are moving lower helping to weaken the USD in the process. The 10-year yield is now down -14.1 basis points at 3,818% and trades at new lows for the new year. The Decemebr 29 low at 3.783% is the next target. Looking at the EURUSD, the price has moved above a swing area above 1.08038 and 1.0824 Staying above that level is more bullish for traders in the short term. The price is also extending above its 200-day moving average at 1.08395. The high price just reached 1.0845.On the topside, the broken 38.2% at 1.08752 is a target. Above that and the 100 bar MA on the 4-hour chart comes in at 1.08845 is also targeted. Y
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