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EURUSD finds willing sellers against the 100 hour MA to start the trading week

The EURUSD has seen down-and-up trading to start the new trading week. The move to the downside and the Asian session installed ahead of its 61.8% retracement of the July trading range at 1.10017. The low price today reached 1.1004 before bouncing to the upside.The move higher extended up to test its falling 100 are moving at 1.10384. The high price reached 1.10369 and has rotated modestly to the downside.The low to high trading range is only 34 pips. There is room to extend either to the upside... Read More

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Posted: Jul 31 2023, 12:47

Author Name: forexlive

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