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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

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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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