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Quiet trading. Awaiting next key events.

Discussion in 'Technical Analysis' started by ForexLive, Aug 3, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Dollar a little bit weaker now.... The forex market has slowed a bit. EURUSD The EURUSD held support against the 100 hour MA at the 1.1162 area. The price moved up modestly off of that low but not by much. On a break of the 100 hour MA, there is other support targets against the 1.1154-59 area. That area represents a low floor area from trading on Friday and again on Monday.

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