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EURUSD corrects back toward the 100 hour MA

In the video, from earlier today, I outlined the "value area" where most of the trading activity has occurred over the last 9-10 days. That range is from about 1.0890 up to 1.0973 (give or take a few pips). In between sits the near-converged 100 and 200-hour moving averages. The 100-hour moving average is currently at 1.09238 (blue line in the chart above). The 200-hour moving average is currently at 1.09314 (green lines in the chart above).The low price today approached the lower end of the ext... Read More

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Posted: Jun 28 2023, 18:31

Author Name: forexlive

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