In today's session, the pair has struggled to break back above the 100-hour moving average at 1.0896 over the last few hours, signaling a potential shift in bias toward the downside. If sellers maintain control and push lower, attention will turn to the 61.8% retracement level at 1.0817 as a critical downside marker. A break below this level would open the door for further losses.
Key Levels to Watch:
Resistance: 1.0896 (100-hour MA), 1.0936 – 1.0954 (major resistance)Support: 1.0817 (61.8% retracement), 1.0767 – 1.0760 (support target)The battle between buyers and sellers continues, with traders closely monitoring these technical levels for the next directional move.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about eurusd remains in the range hourly mas are holding resistance so far was published today ( ) 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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