It sure sticks out like a sore thumb
The EURUSD is heading down toward the post-Brexit low at the 1.0910 level (I have 1.09096. Bloomberg has the low at 1.0913). Needless to say, the level is seen by many.
Looking at the daily chart, the pair has moved below the 61.8% of the range since December. That level comes in at 1.09377 and is now close resistance. The 1.09508 are the lows from July. Those levels are the minimum to get above if the buyers are to take back more control.
