EURUSD back down for a test of the 200 hour MA after midpoint stalls the correction higher

Can it break and stay broken?

The EURUSD is back down and testing the 200 hour MA. Earlier in the day, that MA was broken but could not close below the line. 

The correction went back up to test the 50% retracement of the move up from the March 20 low. That level was broken by a couple of pips (the high reached 1.2359), but retreated.  

The question now becomes “Can the selling push below the MA line?”

Stocks saw a quick move higher which took the major indices into the black, and may have helped the run higher in the dollar (lower EURUSD(.  The Dow reached +200. The Nasdaq  moved up to a new high at 7036.  That index’s price is back down to 6995.  The Dow is up 123 points now.  Stock markets remain very volatile.