Buyers and seller sparring
The EURUSD is back trading between the 100 and 200 hour MA. The 100 hour MA is at 1.1342. The 200 hour MA is at 1.13554.
The price action has been up and down today. The NY session started with the price below the 100 hour MA (bearish) but the 1.1321-25 swing area could not really been broken (and stay broken today). Sellers turned back to buyers.
Right now, the buyers and sellers are sparring in a neutral area and waiting for the next big punch to land that shifts the bias more bullish or more bearish.
