Eur/Usd corrects earleir decilines

The EURUSD fell in the Asian and early European trading. In the process, the price moved back below its 100 and 200 hour bias defining moving averages which are moving closer to each other as the market consolidates an up and down trading over the last few weeks of trading. The 100 hour moving averages at 1.12958. The 200 hour moving averages just below the 1.1300 level.

The price high just reached 1.12915.