EURUSD Fri 14 Jun
EUR/USD sellers maintain near-term bearish bias; US retail sales data eyed
EUR/USD is challenging the 200-hour MA but so far sellers are winning out
The pair briefly hit a session high of 1.1289 but sellers are continuing to hold a defense of the 200-hour MA (blue line) @ 1.1287, thus maintaining near-term control in the pair. Despite the slight extension higher earlier, price action remains rather muted today with the range only a mere 19 pips.