New low reached at 1.10808
The EURUSD cracked below the earlier sesssion low at 1.10862 and scooted to a new session low at 1.10808. The price has bounced though and is back at the 1.1089 level as I type.
Nevertheless, the pair remains below the 1.1100-115 area which is home to April, May and July swing lows and the 61.8% of the August trading range (at 1.11115). Bearish.
