EURUSD tumbles back below the 100 day MA

Discussion in 'Technical Analysis' started by ForexLive, Mar 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Price down sharply. The EURUSD has fallen sharply after the ECB did a bit of everything. The price has moved below the 100 day MA at the 1.10915 level. This is now risk for traders. That should be a line in the sand. The pair has moved into the up and down range seen at the most recent bottom. The March 2nd low is the next key target area.

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