EURUSD back up testing 200 hour MA

Got within 5 pips of retracement target

The EURUSD got within 5 pips of the the 38.2% retracement target (see prior posts). The price has rebounded higher and is back up testing the 200 hour MA at 1.06939. That was one of the targets to get to and through.

Above remains the other key level broken today. That is the 1.0706 level. It remains a key level but this time, as a resistance level for traders.