Swing area above tested
EURUSD pushed strongly against the support defined by the 200 hour moving average, 38.2% retracement and swing lows from July 28 when trading started in New York. Price quickly peeked below 1.1698 swing low to hit the 1.1695 session low, but this breakout was rejected.
For now, test this area of key intraday resistance. Can sellers hold the zone and push back towards the 200 hour moving average and other supporting targets?