The trading volatility in the EURUSD has been up and down today. After moving higher in the Asian session and getting above the high of a swing area up to 1.0694, the price rotated lower falling below both its 100 and 200-hour moving averages (blue and green lines) but found support buyers in the 1st hour of US trading against the 38.2% retracement of the November range at 1.0664. The price has been stepping higher since then.With the price now back above the 100 and 200-hour moving averages, the bias is more positive. Also holding the 38.2% retracement at session lows, gave the buyers the early "go-ahead" to push higher.The trading range for the day is now up to 41 pips. That is still shy
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