The EURUSD sellers push through the intraday floor
The EURUSD has been mired in a narrow range for the London/US session. The highs a stalled near 1.1476 which was near the closing level from yesterday. The lows stalled between 1.1453 and 1.14553.
That represents only a 23 pip trading range over the 2 trading sessions.
The pair has now broken to a new low for the day which is also a new low for the year (and low going back to July 21, 2020). The next target comes in at 1.1424 (see daily chart below).
This article was originally published by Forexlive.com. Read the original article here.