EURUSD technicals: EURUSD falls to the next key support target ...Middle East

A decisive break under 1.16098 would clear the way for a run toward the 200-hour MA at 1.15648. Until then, this midpoint is the battleground. In recent sessions, EURUSD has been capped between that 1.16098 level and Wednesday’s high at 1.1698, making today’s test all the more significant. Sellers have the upper hand — now it’s about whether they can punch through and extend the momentum.

I spoke to these levels in the video from earlier today.

This article was written by Greg Michalowski at investinglive.com.

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