Break higher in the EURUSD fails... ...Middle East

Earlier today, the buyers in the EURUSD took the price outside the Red Box, that has informed the pair over the last 11 trading days. There has been support down at 1.07609, and resistance 1.08725. The break higher today took the price up to 1.08874 before rotating back to the downside. After moving back into the Red Box, buyers have turned back to sellers and have pushed the price back toward the closing levels from yesterday's trade 1.08559. The low price just reached 1.08509.So buyers had their shot on the break higher. They missed.Unmarked selling, the low for the day at 1.08427 is the next target. Below that and traders will look toward the 100-hour moving average 1.08229 and the 200-ho

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