The EURUSD is down testing the intraday support at the 1.2123-25 area. The 100 bar MA on the 5 minute chart and 38.2% of the move up are at this area (see the chart above).
On the hourly chart below, the 100 hour MA is at the 1.2148 level now. There has been activity above this MA level (and 38.2% of the move down from the July 19 high) over the previous 3 hours, but no closes above that MA level.
If sellers want to take control, move below this current support area.
