EURUSD stretching lower. Below 100 hour MA. Tests swing area aupport. ...Middle East

Move below the swing area - and stay below - would have traders looking toward the 1.0405 (50% of the EURUSD range since 2022) and the rising 200-hour MA at 1.0399.

Sellers are making a play. Can they keep the downside momentum going?

This article was written by Greg Michalowski at www.forexlive.com.

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