Cracks below the 200/100 hour MAs
The EURUSD is moving lower after cracking below its 200 and 100 hour MAs at 1.17626 and 1.17582 respectively.
![Cracks below the 200/100 hour MAs](http://az705044.vo.msecnd.net/20210817/2021-08-17_5-51-52.jpg)
The price low just reached 1.17444. The next target comes in at swing highs on the intraday chart near 1.17416 (see red numbered circles). A move below that level would target the 1.1724 area (other swing levels as the green numbered circles).
risk now would be a move back above the moving averages. Just ahead of that are swing levels between 1.1751 and 1.17566.