Extends toward its 200 hour moving average
has moved to a new session high after breaking above its 100 hour moving average at 1.08398. The price is now extending toward its 200 hour moving average 1.08706. A move above that level would open the door for further gains with the 50% of the move down from the May 1 high at 1.0892. Also near that area are swing levels between 1.0888 and 1.0896 (see yellow are in the chart below).
