EURUSD moves to new session lows and lowest level since March 7 ...Middle East

While Friday saw a similar dip below this support zone followed by a rebound, today's break appears more decisive. As a result, the 1.0804–1.08174 area now turns into resistance. Holding below this zone will keep sellers in control, while a move back above would signal another failed breakdown and could prompt a rebound.

Sellers are making a play.

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

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