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Forex technical analysis: EURUSD trades at session lows

Discussion in 'Technical Analysis' started by ForexLive, Aug 29, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Moves further away from the 100 day MA The EURUSD fell sharply on Friday and in the process fell and closed below the 100 day MA at the 1.12178 level. The pair also closed back below a broken trend line on the daily chart (see chart below). It closed right at the 38.2% of the move up from the June low at 1.1192 area.

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