The 50% lid stays

The 50% of the week's trading range is at 1.1094. The high yesterday/today reached 1.10958. Sellers are doing their best to put a lid on the pair against that level.

The 50% lid stays on the EURUSD

We are trading now at 1.1071. ON the 5 minute chart, the rising 200 bar MA (green line)comes in at 1.10698. The 100 bar MA (blue line in chart below) is at 1.10833. That line was broken after holding on dips earlier in the session.

So, there is a battle between those two MA intraday. A move below should lead to more selling as the probe lower continues.

EURUSD tests 200 bar MA (green line)