The EURUSD has pushed now above the close from yesterday at the 1.3125 later. In the process the price sliced through the 200 hour MA, the 100 hour MA and now the close from yesterday (and retracement levels). The high for the day and the underside of broken trendline comes in at the 1.3140 area.
Support now will be eyed at the 1.3114 level where the 100 hour MA and the 50% of the move down from yesterday’s high now comes in. The close from yesterday at 1.3125 will also be eyed.
