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Forex technical analysis: EURUSD moves to new day session highs

Discussion in 'Technical Analysis' started by ForexLive, Dec 14, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Moves above 1.1000. 200 day MA at 1.1031 The EURUSD has moved to new session highs and at the same time is moving above the 1.1000 level. The range for the day has now been extended to 65 pips - still a little over 1/2 of what has been a normal trading range over the last 22- trading days at 106 pips. So there is room to roam. The 200 day MA comes in at 1.1031 today and would be a key upside target if the buyers can keep in control. Trading 1.1110 now.

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