The EURUSD is chopping around in NY trade London as well) in lethargic trading.
The pair has technical support at the 1.3337 level where the trendline off the lows currently comes in (see chart above). A break below the level has next support at the 1.3325/28 level where the 38.2% and the 100 hour MA is found. Below that the 50% of the move up from the low yesterday comes in at the 1.3313.
Holding the 1.3337 level, keeps the bulls in charge.. On the 5 minute chart below, the 1.3365 is the topside trendline resistance. A move above this level would next look to test and breach the high for the day at the 1.33756 level. Similar to the the hourly chart above, the 200 bar MA and trendline in the chart below comes in at the 1.3339 level.
