Stalls near 50%. Short of 100 and 200 hour MA

The EURUSD bounced strongly off the low today and stalled near the 50% of the wworld there from the double top at 1.0630 area. The 50% came in at 1.05716. The high today stalled at 1.0571. The pair is back down retesting Monday's low (and a low from earlier today) at 1.0550. A move below should be more bearish for the pair.

As a reminder for traders, if you look at the daily chart the lows today stalled in the 1.0499-1.0520 level. There have been a number of swing levels in that band including today.

Drilling to the 5 minute, the 100 and 200 bar MA are back in the picture. A move below will be more bearish.