Price sits between the 100 and 200-hour moving averages
Near-term bias remains undefined still as a result. Overnight lows tested the 100-hour MA (red line) but buyers defended a move lower at the level and since then price has come back up above the 1.1600 handle but is yet to make any meaningful move towards testing the 200-hour MA (blue line) @ 1.1626.
As long as price action continues to play ping pong between the two hourly moving averages, there is no other clear-cut opportunities in the pair to play around with for the time being if you're looking for intra-day positions.
On the options calendar, there is a sizable expiry at 1.1550 with a decent one at 1.1600. Look out for those to come into play later in the session. The former may be an anchor for any further downside move in the event of a break lower while the latter could be a magnet for price if it continues to sit between the hourly moving averages.
