Looks toward 100 day MA at 1.0933
The EURUSD has been able to hold the 100 hour MA at the 1.08868 level on a corrective move after the US data. The pair moved above the MA as NY traders entered for the day – extending which was once again, a dismal trading range from 35 pips to 57 pips currently. The correction low came in at 1.0891.