Resistance held like it was supposed to...
The tough nut to crack at the 100 hour MA, trend line, 50% was indeed a tough nut to crack (see earlier post). The price has now rotated back lower.
The price has moved back down to test the Friday lows at the 110.318. A move below should solicit more downside on the break.
The buyers came in early after the failure below the 100 and 200 day MAs. The patient sellers came in at the topside resistance area. Now the "market" will see about pushing the support between those extremes.