Moves toward 100 hour MA
The EURUSD is making a move back higher but is still lower on the day. Not sure the catalyst except to say yields are lower after trading to multi-year highs earlier in the day. The 10 year is down -1.7 bps at 3.2177%. The high extended to 3.2594%.
The pair is moving back toward the 100 hour MA at 1.14969. The NA high reached 1.1485 in the move. The price moved back above the lows from last week at 1.14627 and the low from yesterday at 1.14595. That area will be eyed as a bias level. Stay above and the intraday bulls are in control. Move below and the buyers seen will become discouraged.