Яндекс.Метрика After stalling ahead of the 100 day MA, the EURUSD has retreated – Technologies of the future for life!
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After stalling ahead of the 100 day MA, the EURUSD has retreated


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Run to the 100 day MA stalled quickly

The EURUSD made a run above the highs from yesterday and Friday at 1.1606 and 1.1610 respectively and in looked toward the 50% of the move down from the September 24 high at 1.1623 and the 100 day MA at 1.16262.  The high peaked at 1.16206 short of those levels, and it has been a rotation back lower since that failed run. 

The pair is moving back toward the 100 hour MA at 1.15674 (and rising). Earlier in the day, that MA stalled the fall (the buyers showed up a few pips above the MA line).  
Ups and downs with 100 bar MAs defining the range for now. 
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