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EURUSD dips back below its 200 hour moving average at 1.1001

The EURUSD broke above its 200-hour moving average for the 1st time since July 20 during Friday's trade and extended upward toward the high from last Monday at 1.10449, and the high from Friday, July 28 at 1.10467. However, the price fell short of those targets stalling on Friday at 1.10412 and rotated back down toward its broken 200-hour moving average into the close. In Asian-Pacific trading today, the high price in the 1st hour of trading reached 1.1016 but has since rotated back lower and is... Read More

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Content Topics

Eurusd

Dips

Back

Below

Hour

Moving

Average

1001

1 1001

Forex

Posted: Aug 7 2023, 01:55

Author Name: forexlive

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