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Forex technical analysis: EURUSD inches higher. Trades above 100 week MA

Discussion in 'Technical Analysis' started by ForexLive, Aug 18, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    New 8 week highs. The EURUSD is inching higher and trades at new 8 weeks high (highest level since June 24th). The move today is also moving above and away from the 100 week moving average currently at 1.13086. That MA was broken yesterday and also on Tuesday, but retreated and close below the level.

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