The 1.0462 old 2015 low eyed above
The EURUSD is up on the day. I would call it a corrective Friday wander. The London/European session saw the price extend to and through the old low from 2015 at the 1.0462. The high extended to 1.0472 - above that key resistance level. The buyers had a chance to take it higher. They could not. That is a problem.
On the downside, the price is holding the trend line and the 200 bar MA so far (see chart above)
So the price is higher but we remain contained. That is the story today. We need a break one way or the other.
Overall, the sellers still remain in control They could not take the price above and stay above the 1.0462. We are higher today, but to me the buyers need to show more.