EURUSD testing the December lows ...Middle East

The EURUSD is extending to a new session low, and in the process is testing the December low and swing level near 1.07233. A break below that level would then target the 61.8% retracement of the move up from the October low at 1.0712. Will below that level and there is not a lot of support until 1.0655 – 1.0675.Earlier today, the price was able to break away from its 100-day moving average. That level comes in at 1.07763. The last time the price traded below that level was back on December 11.There is a little bit of a stall against the December low at 1.0723. The current price is back up at 1.0732 as traders lean against the swing level.US yields are moving higher after the better-than-expe

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