EURUSD tests 100 day MA and backs off on the first test

100 day MA at 1.09694
The  EURUSD tested the 100 day MA at 1.09694 in the London morning session and thought better of going higher just yet. The high price did extend to 1.0975 but quickly reversed. We currently trade at 1.0945.    Back on May 1, the price also moved above the 100 day MA,

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