Falls below the 50%/Friday high
The EURUSD has cracked to new NY session lows after trying to stall the corrective fall at the 50% and the Friday high at 1.1455-60 area (yellow area). The pair is moving toward the 1.14315 level. That level has been a swing level (floor and ceiling). Earlier today, the price based against the level and pushed higher.
The low just reached 1.1442. On more weakness, will that key level hold at 1.14315. A break and the 100 hour MA at 1.14158 will be targeted.
