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EURUSD above 1.0300 and the 38.2% retracement target today

The EURUSD is trading back above the 1.0300 level for the 1st time since August 12.

On the topside, there is any upside swing area between 1.0339 and 1.03657 on the daily chart above. That area is the next upside target on further momentum (see green numbered circles). Above that and the falling 200 day moving average comes in at 1.0436 currently. You have to go back to June 16, 2021 for the last time the EURUSD traded above its 200 day moving average.

The move to the upside toda... Read More

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Content Topics

Eurusd

Above

0300

38 Retracement

Target

Today

1 0300

Forex

Posted: Nov 11 2022, 13:46

Author Name: forexlive

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