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Forex technical analysis: EURUSD flirting with break of the 100 hour MA

Discussion in 'Technical Analysis' started by ForexLive, Sep 1, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Weaker ISM gives the EURUSD a lift The EURUSD moved sharply higher after the weaker than expected ISM data. The EURUSD move up about 50 pips from the pre-release low. In the process, the pair moved above the 100 hour MA at the 1.11704 level.

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