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EURUSD falls into the London fix

Discussion in 'Technical Analysis' started by ForexLive, Jul 12, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Seeing NA session lows The EURUSD and EURGBP are falling into the London 4 PM fixing. Just seeing the EURGBP move to new day lows and the EURUSD has fallen to to test the 100 hour MA (at 1.1068). In the Asian Pacific session, the price moved above that MA and raced higher. Yesterday, traders leaned against the level. AUDUSD and NZDUSD are also moving lower now.

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