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Forex technical analysis: EURGBP tests 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Oct 23, 2015.

  1. ForexLive

    ForexLive Forum Member

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    EURUSD tests 100 day MA. EURGBP tests 200 day MA The posts on the EURUSD show support against the 100 day moving average at 1.1175. Meanwhile over at the EURGBP, the pair is testing the 200 day MA at the 0.7255 level. The low for the day came in at 0.7249. So both pairs are sitting on key MA support levels. It gives traders a level to lean against with risk defined and limited.

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