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EURUSD retests the highs from November

EURUSD retests the highs from November

The EURUSD is bouncing back toward the swing highs from November between 1.04806 and 1.0496. The corrective price high just reached 1.0485.

Key technical resistance level for the short term.

On the downside , the price fall reached 1.04277. The 100 hour moving averages at 1.04126. The 200 hour moving average 1.03914. Those levels would need to be broken to increase the bearish bias below that is the 200 day moving average 1.03659.

The US dollar has moved higher after the... Read More

Posted: Dec 2 2022, 14:31
Author Name: forexlive
Views: 091975

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