EURUSD moves up to test the 2021 low at 1.11853

EURUSD on the hourly chart

Recall from last Thursday, the EURUSD fell below its low from November 2021 at 1.11853. The price is currently trading at that level, after running to a new cycle low at 1.11207. That low was lowest level since June 2020.A move back above the 2021 low would ha