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EURUSD back down at the 100 day MA (a 2nd time).

Discussion in 'Technical Analysis' started by ForexLive, Oct 4, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    When event and liquidity risk rise.. The EURUSD has back down testing the 100 day MA at the 1.1180 level. The last test just after the initial spike higher on the ECB headlines, saw the price extend to 1.12383. The fall back down, dipped just below the 100 day MA at the 1.1180 ( low at 1.1176).

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