Based off 100/200 hour MA
The EURUSD has moved up and trades near the North American session highs the 1.0932 level. The high price just peak at 1.0931 (currently trading at 1.0923). The low during the New York session stalled just above the 200 hour moving average, which currently comes in at the 1.0886 level (the low came in at 1.0887). The move back above the 100 hour moving average at 1.0899 helped the bullish technical bias.
The story remains the same for this pair. Traders have been leaning against technical levels. If a level gives way - like the 100 hour moving average did earlier today - the next target is eyed closely. That was the 200 hour MA and the price held. The next target above the NY session high will look toward the 1.0939 -45 area. This level capped the rally yesterday and has been a ceiling area going back to December 29th.