Something had to give yesterday. What is the story today?
If you recall from yesterday, something had to give in the EURUSD (). The pair was in a range. The range was getting more confined. The trend line on the downside gave way BUT the price had other support targets it needed to grind through including the rising 100 hour MA. That grind lower stalled at the 100 hour MA in trading today.
Reading the technical story: EURUSD holds support. Works toward key resistance today.
