Forex Trading: EURUSD Looking To Move Again

The EURUSD has been mired in a 29 pip low to high range since 2:00 PM NYT.  Eight hours later the 100 bar MA is moving sideways and the market is coiling for another move it seems.  The bias is positive/bullish above the 100 bar MA. The bias is negative/bearish below.  The 100 bar MA comes in at the 1.3765 level currently - where the price is located. 

A move below will confirm the downside bias with a push through 1.3750 recent low.  From there the next target would be 1.3726 (200 bar MA currently - green line in the chart above).  A move through there confirms the shorter term bias with 1.3695 the next support. 

A move higher should get a boost of confidence on a move through the 1.3779 level.    From there the price action should target the 1.3800 level (50% of the 2009 high to low range and then 1.3837 (see chart below).    Risk is small at the moment and the price consolidates and awaits the next push.  Be aware.  Be prepared.