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EURUSD retests and bounces off 200 hour MA

July 01, 2020 at 08:44PM

EURUSD retests and bounces off 200 hour MA
Stay above keeps the buyers in control
The EURUSD peaked in the US morning session at 1.1278. The price has rotated an up and down fashion to the downside over the last 5 or 6 hours. However the price did find support right at the 200 hour moving average (green line in the chart below) at 1.12424.
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