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EURUSD tests its 200 hour moving average

With the stock set to open it up shortly, and Fed's Bullard speaking of a terminal rate up to 5.75%, the EURUSD has seen some selling in the early New York session. That selling has now taken the price back down toward the 200 hour moving average 1.09473, and also a swing area between 1.0925 and 1.09438. The low prices just reach 1.09457.The EURUSD moved higher in the European session breaking back above the 200 hour moving average but falling short of its 100 hour moving average (blue line curr... Read More

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Posted: Apr 18 2023, 13:32

Author Name: forexlive

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