EURUSD inches closer to 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Oct 6, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    New session lows... The EURUSD is inching closer to the 100 day MA at the 1.1164 level. The 200 day MA is at 1.11797 today. The price has traded above and below that MA line over the last 5 or so hours. With the price moving to new session lows, the sellers are trying to keep some pressure on the pair.

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