Subscribe To
Hold that line. The EURUSD stalls the fall at the 200 hour MA/38.2% retracement. Bounces.
The EURUSD dipped lower as popost-jobsolatility takes over. The technical's are also in play in the EURUSD pair.The run to the upside today was able to extend above its 200 hour moving average and 38.2% retracement of the move down from last week's high at 1.1002. The break that the price to a high price defined by the 50% midpoint of the same move lower at 1.10303. Buyers turned sellers pushed the price back down.However, the buyers held the support line at the 200 hour moving average and 38.2%...
Read More
Posted: Aug 4 2023, 14:39
Author Name: forexlive
Views: 110716