EUR/USD testing lows once again; risk aversion rules

EUR/USD has fallen back to test session lows in the 1.3155 region. That area was the top of the range on Wednesday March 18, the day the Fed signalled it was putting the printing presses into overdrive.

A sustained break of 1.3150 targets the 1.3090 area where EUR/USD traded at the moment of the Fed announcement.

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