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EURUSD stayed above 1.0500 on dip today. Remains near corrective highs.

EURUSD stayed above 1.0500 on dip today.  Remains near corrective highs.

The EURUSD is trading near the highs for the day and also trades near the recent cycle high reached on December 5th at 1.0594. The current price is at 1.0570. The high reached 1.05769.

A positive (bullish) for the move higher is that the price is above the 50% of the move down from the January 2022 high. That level comes in at 1.05155. Although t... Read More

Posted: Dec 12 2022, 14:29
Author Name: forexlive
Views: 102677

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