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Not much selling in the EURUSD as it moves toward 200 day MA

Discussion in 'Technical Analysis' started by ForexLive, Mar 7, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Broke above intraday resistance level and it has been a steady climb higher since... The EURUSD was trading near the 200 hour MA as NY traders entered for the day (). I commented how the buyers were leaning against the level. A test would be at the 200 bar MA on the 5 minute chart and topside trend line.

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