Stays above 112.00 as well
The EURUSUD moved to a new day session low at 1.12066. THat was good enough to take out my Friday low at 1.12068, but only by the smallest of margins. THe price is back up at 1.12146.
I know it is only 8 pips off that low but when the range is only 28 pips, it makes a difference and could scare intraday shorts into buying. The point is, a new low was made, but there was little momentun on the break. That can be a problem for the sellers lookng for the resumption of the trend lower.
