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EUR/USD keeps above key near-term level, but remains just below 1.1300 for now

July 08, 2020 at 08:57AM

EUR/USD buyers defend the 100-hour moving average, but gains are limited
The pair has been seeing more choppy price action over the past few weeks and yesterday was no different, with the pair falling to a low of 1.1259 and testing its 100-hour MA (red line) before rebounding back to near 1.1300.
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Author: https://www.forexlive.com/technical-analysis/!/eurusd-keeps-above-key-near-term-level-but-remains-just-below-11300-for-now-20200708 Selected by SYFX+

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