Falls below 100 hour MA
The EURUSD hass moved to a new session low and in doing so the price moved below the 100 hour MA at 1.11448. That is now close risk for selllers.
Traders who are short, are now eyeing the 200 hour MA at 1.11242. That is joined by the 50% of the move up from the October 29 low. Below that dual support target area, the 100 day MA comes in at 1.11194.