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EURUSD continues to toy with the 100 day MA on the downside

The EURUSD has traded in an up-and-down trading range today. On the downside, the price continues to toy with its 100-day moving average. That level currently comes in at 1.09164. The low price today did extend below that level to a low of 1.0912, but momentum could not be sustained in the price rebounded back higher.The price move back higher took the price above an old swing area between 1.09329 and 1.09421, but momentum stalled at 1.0955. The price is currently trading back down toward the 10... Read More

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Posted: Aug 3 2023, 13:34

Author Name: forexlive

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