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EURUSD tests 100 day MA

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

  1. ForexLive

    ForexLive Forum Member

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    Moves briefly above the 100 day MA at 1.0934 The EURUSD traded above the 100 day MA at the 1.0934 level (high reached 1.0938). An old trend line on the daily chart also slashes across at the level. After the break, it seems traders came in and sold. The price is back down to 1.0925.

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