The sellers are trying to make a play....
The EURUSD has fallen below the trend line support (moved down to 1.0874 on the current bar on the 4-hour chart below). That break has led to some modest selling to 1.0864. Traders will want to see the pair stay below that line now (see earlier post).
Activity is fairly quiet. The US data was weaker than expectations today. The EURUSD tried to rally but could not sustain a rally. Sellers remain in control.
