> EURUSD moves to a new session low as the pair continues its break to the downside

EURUSD moves to a new session low as the pair continues its break to the downside

Sharp move lower takes the pair out of the month long up and down trading range

Friday, 12/05/2023 | 13:08 GMT

The EURUSD has made a break to the downside in trading this week, which took the pair outside an up-and-down trading range over the last month or so of trading.

The price is moving down toward the 38.2% to end the week at 1.08735. The low price has reached 1.08805 so far today. The video outlines the price action and the technical breaks this week.