Forex technical analysis: EURUSD moving higher on Draghi's initial comments

Discussion in 'Technical Analysis' started by ForexLive, Jul 21, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    "Structural reforms" comments are the market focus... The EURUSD initial move was higher after Draghi's early comments. The pair technically has moved back into the > 1.1023-28 level that I have been harping on over the last few days. The price is also moved above the 100 hour MA at the 1.10416 level. That MA held resistance in early London trading today.

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