EUR/USD Was Successful At Testing 55-Day SMA

Discussion in 'Technical Analysis' started by Kaitlin, Dec 10, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    EUR/USD booked another bullish trading session on Wednesday, as the currency pair spiked above 1.10 to touch the most important 200-day SMA at 1.1031. Another moving average, the 55-day SMA, used to be an easy target for the bulls yesterday, and it was penetrated relatively quickly. Now we are watching[​IMG]

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