Can the shorts keep the pressure on pair...
As per the prior post (click here for details), the 1.0499-1.0520 area is a level to get to and through if the EURUSD is to extend lower.
The low stalled at 1.04989. The corrective high has stalled at 1.05204.
So the pair is sticking in the support area. Watch that area for intraday bullish/bearish clues. A move above still has the 100 and 200 bar MA (blue and green lines) to get through, but the bearish waters would start to get a little more muddy....
