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EURUSD stays above 100 hour MA but upside has some work to do
The EURUSD fell at the open today, and that took the price between the 100 and 200 hour MAs (blue and green lines). The 200 hour MA could not be broken, and that invited the buyers to take control and push the price higher.
In the London morning session the price rotated back to the downside, but found support buyers against its rising 100 hour moving average at 1.06235 currently.
The price in the early US trading has reached a new intraday high at 1.06557. There is a downslope... Read More
Posted: Mar 6 2023, 14:10
Author Name: forexlive
Views: 082138
