From 1.1335 back up to 1.1372
The EURUSD moved lower on the better data. Hit the low from Friday (or got within a pip) and reversed back higher. Go figure.
The EURUSD is struggling with the keeping a bias for long. That suggests to me, that liquidity conditions are strained and markets are getting pushed around
We are near the middle of the days range now and on top of the 100 hour MA at the 1.1372 level. The 1.1386 level was the close yesterday. The price could not get above that level earlier in the session and that helped lead to the move lower. The pair stalled against the 200 bar MA on the 5-minute chart (see green line in the chart above). There might be a 2nd attempt now in the up and down world of the EURUSD. Getting above the 200 bar MA will be eyed. It has stalled at the MA line the prior 3 times today.
