Holds the 100 bar MA on the 5- minute chart.

The EURUSD is down on the day and trades near the lows. Intraday, on the 5-minute chart, the pair has stalled against the 100 bar MA (blue line). That MA comes in at 1.1711. The 1.1711 is the swing high from August 2015. Key level intraday.

Looking at the daily chart the price is moving away from the broken trend line at 1.1730 today. That level will also be eyed on the topside (keep the target in mind through the FOMC meeting minutes later today). Also on the daily chart, the 1.1688 was a swing low on August 9. The low yesterday reached 1.16867 (a pip or so away from the earlier low). Today there was a break of those lows and a failure. Nevertheless, if the FOMC meeting minutes are more hawkish, a break of that low area will be eyed for confirmation the seller are winning (more). The 1.0607-1.1612 area is a downside target on more weakness. The low from July 26th at 1.1612, and the 38.2% of the move up form the June low at 1.16076 define that support area.