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EURUSD after run higher earlier today is consolidating

EURUSD technicals The EURUSD moved higher earlier today and in doing so reached toward a swing area high between 1.1406 and 1.14239.

EURUSD technicals

The EURUSD moved higher earlier today and in doing so reached toward a swing area high between 1.1406 and 1.14239. The price traded mostly above the low of that swing area (there was one brief look below the low of the level which was quickly reversed)

The buyers are more in control. The next key target comes at the 1.1479 level which goes back to April 21 and April 22. It would take a move below the 1.14066 level to turn the buyers into sellers.

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