Categories
News

EURUSD tests the 50%/200 hour MA and backs off. The 100 hour and 100 day MA is support below.

November 04, 2020 at 02:01PM

Some bullish/some bearish technical clues as traders flow the price action.
The EURUSD had some big swings so far today. The initial move was higher.  That took the price above the 200 hour MA and 50% retracement near 1.1741-45 area at the time.   The high price extended above a topside trend line, but reversed as the Continue Reading:…

Author: https://www.forexlive.com/technical-analysis/!/eurusd-tests-the-50200-hour-ma-and-backs-off-20201104 Selected by SYFX+

Leave a Reply