Look for sellers ag. 1.0951

The EURUSD has retraced above a broken trend line but is a approaching another level which should be a stronger line. That level comes in at 1.0951. The high has wandered up to 1.0945 so far.

I would expect that sellers will come in against the 1.0951 area on a test. If it goes above, it will erase some of the bearishness seen today. However, look for sellers in this area.