Seems like Friday flows. Higher on the day (at 1.11058)
The EURUSD has just traded at new New York session highs at 1.11258 soon after the fixing. The pair is above the close from yesterday at 1.11058. A close higher will be the first higher close in 6 days. The 100 hour MA lies ahead at the 1.11344 level. Next stop. The pair tested that MA earlier in the day and found willing sellers.
The GBPUSD is also moving higher and the USDJPY has made new session lows. London/European traders will be heading out the doors soon (well some may hang around a little later in case of a late announcement from the UK/EU talks). So the flows may continue to move the market. For the GBPUSD the 100 hour MA is at 1.4338. The close from yesterday was near the same level. SO look for some stall against that level on a test.
