100 day MA next target
Helping keep the pressure on the EURUSD (below the support at the 1.0700-06 area) is the cracking of the 200 day MA on the EURGBP chart. Looking at the 5-minute chart, the 200 and 100 day MAs are overlayed on the chart. As you can see, the price stalled at the MA line 3 separate times, with each bounce more and more moderate.