The EURUSD opened the North American session near its 100-day moving average and moved higher. The initial run to the upside stalled just ahead of the 1.0800 level which led to a rotation back down to retest its key 100-day moving average AND 50% retracement near 1.0766. Support buyers came in against that level and pushed the price higher. The run to the upside ran into the falling 100-hour moving average currently at 1.08144, and found willing sellers. The price is currently trading at 1.0800.As outlined in the morning video, getting above the 100-hour moving average (at 1.08144), 200-day moving average at 1.0822 and then the the broken 38.2% retracement of the move-up from the November 1
Hence then, the article about eurusd tests key moving averages but sellers stall the rally was published today ( ) and is available onforex 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.
Read More Details Finally We wish PressBee provided you with enough information of ( EURUSD tests key moving averages, but sellers stall the rally )