EURUSD trades corrects to the 38.2% of last week's range and bounces

Price dips below the 100 hour MA but can't stay below
The EURUSD last week moved above a swing area going back to 2018 between 1.2153 and 1.2164 (see daily chart below).  The move above reached 1.2177 on Friday, but the momentum could not be sustained. Keep that area in mind today and this week. Continues to be a swing area that if the