26 pip trading ranges with ceiling above and 100 hour MA below defining the high and low levels

The EURUSD is in the midst of a 26 pip trading range so far. The 22 day average is 55 pips. I would expect a break outside the range.

26 pip trading ranges with ceiling above and 100 hour MA below defining the high and low levels

Technically, traders are leaning against technical levels above and below (see video here talking about "leaning"). On the topside the ceiling area (from 1.1366-705, did a good job of stalling the run higher. Earlier, the 100 hour MA stalled the fall. Yesterday, there was an attempt to go below the 100 hour MA, but that quickly failed. Today, traders leaned.

With the ceiling holding last, the sellers are trying to make yet another play to the downside. Can they get below the 100 hour MA (and trend line) and find some momentum?