EURUSD sellers are making a play with a technical break below the 200 day MA ...Middle East

The EURUSD sellers are making a play with a break below the 200-day moving average of 1.08442 (see green overlay line on the chart below). Recall from last week, the price came down to test that moving average on two separate occasions and found willing buyers. Today's break is a reflection of buyers turning to sellers.On the downside, the next target comes between 1.0803 and 1.0824. Below that the 50% of the move up from the October low comes in at 1.07936. Below that is the 100-day moving average of 1.07669.Sellers are making a play. Can they keep that momentum going? This article was written by Greg Michalowski at www.forexlive.com.

Hence then, the article about eurusd sellers are making a play with a technical break below the 200 day ma was published today ( Tuesday 23/01/2024 - 06:48 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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