Buyers and sellers sparring at the lower levels If you were to disregard, the spike lower on the better than expected US employment report, the EURUSD traders are boxing with no clear winner at these lower levels Of course the shorts came out strong and bloodied the buyers/bulls, but buyers are making some connections since that time.. The range has been about 48 pips from the low to the high correction. The midpoint of that move comes in at 1.0725. The price is currently trading above that midpoint. The 1.07198 has been a recent low floor. Would sellers like to see the price below the 1.0719-25 area. You bet. That ... (full story)