Buyers trying to push higher
The EURUSD is extending back higher after attempts to push below the 100 hour MA (blue line in the chart below) failed.
The price is back up testing the highs for the day at 1.1284 The 1.12848-89 is a swing level to move above (see yellow area). On a move above, the 50% at 1.12987, the 200 hour MA at 1.12996 and a trend line at the same level become another key cluster of resistance to get through (calll it 1.1300).
The sellers had their shot. The buyers against that level are more in control They are now looking for more momentum to take the pair toward the bigger test at the 1.1300 level. Get above, and the pair can continue the run higher. Fail, and the intraday longs, may give up and let the ping pong up and down continue.