EURUSD trades to new session lows

Fails at look above the 200 hour MA
The EURUSD continues to have trouble above the 200  hour moving average. That moving average comes in at 1.06105 currently.  Earlier in the Asia-Pacific session, the pairs price extended above that moving average level, but we are now back below. There was not a whole lot of upside excitement above the MA level. So we go back down.