EURUSD bounces after break lower fails. Can move higher be maintained? - ConsultFX

EURUSD bounces after break lower fails. Can move higher be maintained?

Trades at NY session highs The EURUSD was under pressure in the Asian and London morning session. That pressure took the price to and through a trend line. The break of the line, did not last long, however, and the trend line was reestablished.  The fall also failed to reach the 100 bar MA on the 4-hour