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EURUSD moves above swing area to target the high from last week

The EURUSD extended the 28 pip trading range seen prior to the Powell testimony. The range is now up to 58 pips. That is still short of the 22 day average of about 69 pips (but it is better).Looking at the 4-hour chart, the move extended the trading range for the week getting above the high from yesterday at 1.09455, and the swing area between 1.0933 and 1.0942. Buyers looking for more upside would want to see the 1.0933 level now holds support.The run to the upside reached 1.0963. The high pric... Read More

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Content Topics

Eurusd

Moves

Above

Swing

Area

Target

High

From

Last

Week

Forex

Posted: Jun 21 2023, 15:30

Author Name: forexlive

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