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EURUSD falls to a new session low

EURUSD falls to a new session low
The EURUSD has reached a new session low, trading close to 1.0953. This level tests the 50% midpoint of the range between last week's low and high, which is 1.09529. Notably, the currency pair is also trading below the 100-hour moving average at 1.0986 and near the 200-hour moving average at 1.09447. In this context, sellers seem to be gaining momentum as they target lower levels.A sustained break below the 200-hour moving average could provide sellers with increased confidence to continue pushi... Read More
Posted: Apr 17 2023, 12:56
Author Name: forexlive
Views: 111545

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