Can the break level hold resistance now?
The EURUSD has moved lower - breaking below the cluster of support including the 100 day MA at 1.10445, bottom side trend line and the 200 hour MA (green line in the chart below). The next step is to stay below that cluster and take out the next targets.
When a move is correcting,it needs to keep getting through levels - stay below them - and then attack the next targets. For the EURUSD the recent swing lows (yellow area) are the next target. It touched the 1st low but has stalled there. So the battle is on (stay below 100 hour MA or move below the "yellow area". .
Remember, we remain in summer time markets. The other caveat is the EURGBP has been on the decline today. It is correcting some of its move currently. So the EURUSD is in stall mode from it too..
