Swing low from July
The EURUSD has moved back lower moving back toward the low of that support area defined by swing lows in 2015. The 1.0807 level is the low from July and it will now be eyed to see if buyers come in.
Action remains volatile - it was not that long ago we were up testing 1.0900. So tread lightly.
As a type, moving below the level. Traders on the fence right now/right here.
PS. the 38.2% of the last leg higher is at the 1.07967 level.
