Lows from November and December tested

The EURUSD has dipped to the next targets defined by the November and December lows at 1.1266-68 area (see earlier post outlining the targets on more selling today). The low just reached 1.1267.

Lows from November and December tested

Earlier in the day, the pair fell below a trend line connecting the November and January lows and then the 2019 swing low at 1.1288.