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Forex technical analysis: EURUSD tests 50% and 100 bar MA

Discussion in 'Technical Analysis' started by ForexLive, Jun 30, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Intraday resistance level The EURUSD has moved up to test the 100 bar MA on the 5-minute chart and the 50 % retracement of the days trading range. That level comes in at 1.1088. Traders have a decision to make - move above and put another look at the 200 day MA, OR head back lower where the 100 hour MA.

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