Forex technical analysis: EURUSD moves up to key resistance area...

Discussion in 'Technical Analysis' started by ForexLive, Jan 11, 2017.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    ...and stalls The USD has moved back lower as stocks move lower, Trump does not talk about infrastructure spending, harps still on Hillary. The EURUSD has moved back up to the 1.0517-21 area where the 200 hour MA is found and where swing levels stalled the pair going back to 2015 (). A move above could see further momentum higher. Right now, the resistance area is holding the rally.

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