EURUSD tests key support levels, Decision time for buyers and sellers ...Middle East

The EURUSD is back down testing a cluster of support including its:100-day moving average at 1.0770, Rising 200-bar moving average on the 4-hour chart at 1.07644, and 50% midpoint of the November trading range at 1.0766.The low of a swing area between 1.0768 and 1.0781 is also been tested. Buyers and sellers have a choice here. Buy against the low of the area at 1.07644 with a stop on a break below the level, orSell on a break below 1.07644 (or hold shorts from above and look for a break below). Decision time for both buyers and sellers. Break lower increase of various bias or hold support and bounce back to the upside once again. This article was written by Greg Michalowski

Hence then, the article about eurusd tests key support levels decision time for buyers and sellers was published today ( Wednesday 06/12/2023 - 10:33 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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