EURUSD runs to the 200 hour MA. ...Middle East

The EURUSD is running to a new high for the day up to 1.10597. That has now taken the price of the pair above its 200-hour MA at 1.10563. Traders will be looking for more upside momentum on the break.The price is also moving away from the 100-hour MA AND the broken 38.2% of the August trading range. Both come in at 1.10389. Yesterday the price moved back below 38.2% with the natural support at 1.3000 and 50% of the August range as the next targets. The price low yesterday came in at 1.3001- just above the natural support target at 1.3000 - but well short of the 50% at 1.0988. The rise today, came in the European session and got a boost from the ECB source comments that an October cut was u

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