Weaker manufacturing data ignored
The EURUSD is testing the 200 day MA at the 1.1176 level (low reached 1.1175). The move to lows came despite weaker manufacturing data from Milwaukee and Chicago.
On the downside, the 100 day MA and lower trend line (at 1.1144 and 1.1122) are other downside targets today should the 200 day be broken. On the topside, the hourly chart has topside resistance at 1.1197 currently (broken trend line on that chart - see below).