EURUSD dips to new lows and below the 50% midpoint for 2022

EURUSD pushes to a brand new low. Can it keep beneath the 50%?

is making a brand new day low and within the course of is again beneath the 50% midpoint of the years buying and selling vary at 1.13075. The worth can also be beneath the 1.1300 stage (reached a low of 1.12953 up to now). The 50% midpoint will now be an in depth danger stage for sellers.

To this point the breaks beneath the 50% have failed right now. The sellers have pushed however they’ve largely failed. The swing excessive within the present bar reached simply above the retracement stage, however moved again beneath. It’s now or by no means. The present worth is at 1.1300.

On extra promoting the 1.1280 stage will probably be focused, adopted by the 61.8% retracement at 1.12634.

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