..and the 1.1300 level
The EURUSD has reached the 200 hour MA, a trend line and the 50% of the move down from the Feb 28th high. All that comes in at 1.1297. The natural 1.1300 level is also in play.
Sellers may should give this area a serious look, but if the price starts to get comfortable above the 1.1300, there could be more short covering.
