Tried to see what life was like above the 100 hour MA again but stalled
The EURUSD tried to move higher off of Dudley’s comments (and perhaps a run up in the EURGBP), and that move took the price back above the 100 hour MA (blue step line in the chart below), but the next targets at the 38.2% and the 100 bar MA on the 5 minute chart (blue smooth line in the chart below) stalled the move. No momentum. Traders sold the pair back down.