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EURUSD back down testing the 100 hour MA

The EURUSD is continuing to skim along the 100 hour moving average currently at 1.06164 and moving higher. Looking over the last few days, the price has been testing that MA line, only to have limited success on a break with further momentum. The MA is moving higher which makes the hurdle easier to break, but there remains a reluctance.

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Eurusd

Back

Down

Testing

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Forex

Posted: Dec 16 2022, 15:47

Author Name: forexlive

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