EURUSD traders try again to tilt lower

Technical Analysis

Author: Greg Michalowski | eurusd

New lows for the EURUSD

The EURUSD has moved to a new session low and in the process has move below the 100 hour MA (blue line at 1.1258) and an old floor/ceiling from last week/earlier this week (at 1.12543). Stay below now, keeps the sellers in control.
 
New lows for the EURUSD

On more selling, the trend line and 200 hour MA come in at 1.12395 area (see green line)

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