Support at 109.10 area holding
The EURUSD moved higher. It moved back lower. It trades around mid range now.
What I see (and have seen this week) is when highs are made, the market gets nervous and sellls it back down. On Wednesday and Thursday, the breaks above the 200 hour MA (green line in the chart above) and above the underside of the broken trend line (see thick RED line) were quickly reversed. When you get a break that fails, traders don’t like it. It also starts to become a habit.