Can the buyers keep the momentum going.
The EURUSD fell into the close yesterday but the fall stalled at support at the 1.0882-85 area. The 50%, a trend line and swing lows came in at that area. When the GBPUSD took a run lower, the EURUSD followed reluctantly. All that support was broken. The price SHOULD have gone lower. It did but only by to 1.0874 (8 pips below support). The price recovered back above the technical levels, and the sellers turned back to buyer on the big fail.