EURUSD pushes against high for day/38.2% retracement

50 pip trading range

The EURUSD is pushing against the highs for the day and the 38.2% retracement at 1.23403 and 1.23385 respectively. The high just ticked to 1.23382.

The range today is only about 50 pips At the lows today, the price moved to a lower trend line and bounced.

A break above the 38.2% would look up toward the 100 hour MA. That MA comes in at 1.23565. There are other swing levels starting at 1.2351, but the 100 hour MA is a key target on the topside.

On the downside, the 200 hour MA will now be eyed. Break below would take more wind out of the buyers sails.