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EURUSD, EURGBP go to the edge together

Discussion in 'Technical Analysis' started by ForexLive, Mar 8, 2016.

  1. ForexLive

    ForexLive Forum Member

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    The same story as before... The EURUSD and the EURGBP have moved to the edge again - the EURUSD to the 200 day MA (at 0.10457) and the EURGBP to the 200 hour MA (at 0.7788). The corrections off the last test (the EURUSD went to 1.1055 earlier) took the EURUSD down to 1.1027. The EURGBP came down to 0.7776 (from a high of 0.7789). So buyers are keeping the control.

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