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Forex Technical analysis: EURGBP testing 200 hour MA. Key technical level.

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

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Helping the EURUSD pressure The EURUSD has moved lower and looks to test key support. Meanwhile, helping the downside for that pair is the EURGBP which has also moved lower and is testing the key 200 hour MA (green line in the chart below at 0.73566). The price last moved below this MA on Friday, but that break failed.

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