EURUSD trends, then stalls. Now reversing?

Discussion in 'Technical Analysis' started by ForexLive, Sep 2, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Finds 200 hour MA at the top and that was it The EURUSD rose steadily in the Asia-Pacific in session and into the European morning. The rise was able to 1st test the 200 day moving average at the 1.12975 level. Then after breaking above that barrier, the next target became the 200 hour moving average at 1.1331. It was here that the price stalled and began its descent back to the downside.

    Continue reading...

Share This Page

free forex signals