Italy's DiMaio says 5-star is willing to give up EU funding if migrants not divided up

Immigration troubles. EURUSD move a little lower to new session lows.

Italy's Di Maio says 5-Star is willing to suspend EU funding next year if on Friday commission does not get deal to give young migrants on Italian ship.

The EURUSD has dipped below the 1.15409 level on the headlines and moves closer to the 100 hour MA at 1.15202. The 100 bar MA on the 4-hour chart comes in at 1.15056.

Earlier today, the price fell below a trend line and the 200 bar MA on the 4-hour chart. The price held the 1.15409 level and bounced toward the 200 bar MA, only to find willing sellers.