November 04, 2020 at 05:18PM
Price stays below 200 hour MA and 50% retracement
The EURUSD tested the 200 hour MA, and found sellers on the test (see earlier post). The price high reached 1.17336. The 200 hour MA is currently at 1.1733. The price is currently back at 1.17145.
Author: https://www.forexlive.com/technical-analysis/!/eurusd-tests-200-hour-ma-finds-sellers-on-the-test-20201104 Selected by SYFX+