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EURUSD makes a break above 100 day MA

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

  1. ForexLive

    ForexLive Forum Member

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    Two prior peaks above failed. Third time the one? The EURUSD has moved above the 100 day MA for the 3rd look. This time more time is being spent above the level. The pair is testing the 1.0947 level which is the 50% midpoint of the move up from the December low (see ).

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