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EURUSD moves up to test the high from last week

The EURUSD moved above the trend line at 1.0660 and the swing area high at 1.0668, and the momentum took the price toward the swing high from last week at 1.0691. The high-price just reached 1.06892, and has backed off. The current price trades at 1.0676.

Earlier today, the pair found support buyers against its 100 hour moving average (blue line in the chart above. That gave the buyers the go-ahead to push higher.

The levels broken to the upside, now become support levels on the... Read More

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Eurusd

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Test

High

From

Last

Week

Forex

Posted: Mar 6 2023, 16:38

Author Name: forexlive

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