EURUSD cracks and tests 100 hour MA
Back below 200 hour MA
The EURUSD cracked below the 200 hour MA at 1.1233 and quickly moved to the 100 hour MA at 1.12069. Buyers leaned against that level (and other swing levels in the 1.1201-04 area) and bounced. That area (down to 1.1200) is a key support area for traders. The mirror key resistance area is back at the 1.1284 (and then 1.1300). The high price during the statement release time period, stalled at 1.1286 (close enough).