EURUSD continues to trade above and below the 50% retracement ...Middle East

The EURUSD has continued to move up and down as the trading week comes to an end. Recall from Tuesday, the parable sharply higher after the lower-than-expected CPI data. That took the price up to a high of 1.0867. On Thursday, the price extended above that level but only to 1.08949.Today we price moved down to a new low since Tuesday at 1.0824, but that was still well short of the 200-day moving average down at 1.08046, and the 100-day moving average at 1.07905. Staying above those moving averages keeps the buyers in play/in control.Having said that, what keeps the current battle going on between the buyers and sellers is the price has been trading above and below the 50% midpoint target of

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EURUSD continues to trade above and below the 50% retracement ...Middle East

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