menu search

New lows for the EURUSD. EURCHF down as well and tests its 200 day MA.

New lows for the EURUSD. EURCHF down as well and tests its 200 day MA.

New low for the EURUSD as it remains the currency of the day (to the downside). The EUR is the weakest of the majors. The EURUSD is now down -0.38% . The EURNZD is the weakest of the EUR pairs at -0.92% and is down -0.78% vs the CHF.

Looking at the EURCHF, it is also reaching a new low and in the process is retesting its 200 day MA at 0.9936 (see green line on the chart above). The price moved above the 200 day MA last week for the first time since June 2022. The subsequent run to th... Read More

Posted: Jan 17 2023, 17:59
Author Name: forexlive
Views: 110699

Search within

Pages Search Results: