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Forex technical analysis: EURUSD bounces off 100 day MA

Discussion in 'Technical Analysis' started by ForexLive, Feb 24, 2016.

  1. ForexLive

    ForexLive Forum Member

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    EURUSD rebounds toward intraday resistance The EURUSD banged against the 100 day MA at the 1.0957 area and held. The low for the day is just below that level at 1.09565 The pair has now moved down from 1.13757 from the February 11 high (about 420 pips in 10th day). Eight days have been down.

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