Forex technical analysis: EURUSD trades near days midpoint

Discussion in 'Technical Analysis' started by ForexLive, Jun 13, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Tested support at MA level. Rallied modestly higher. The EURUSD fell in Asian Pacific trading and approached the 100 bar MA on the 4-hour chart, The price pushed through that level on employment Friday earlier this month and took off. Today, traders put their trust against the level and the pair held and rallied (the MA came in at 1.1229, while the low stalled at 1.1233).

    Read full forex technical analysis here

Share This Page

free forex signals