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EURUSD stretches toward the low from last week and away from 100 day MA. What next?

EURUSD stretches toward the low from last week and away from 100 day MA. What next?
The EURUSD is stretching toward the low from last week and in the process of moving toward the low from last week. A move below that level and the 1.0750 level (swing low level from the daily chart) should open the downside for the pair as traders become more comfortable below it's 100-day moving average at 1.0811. Stay below the 100 day moving average is more bearish from a longer-term perspective. This article was written by Greg Michalowski at www.forexlive.com... Read More
Posted: May 23 2023, 13:08
Author Name: forexlive
Views: 102558

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