Home / Forex Treiding / EURUSD moves to test 200 hour MA

EURUSD moves to test 200 hour MA


  • share

The 200 hour MA is finding some buyers

The EURUSD had moved to test the 200 hour MA at the 1.09462 (see earlier post). Buyers has initially put a toe in the water against the level. 
 
On a break, expect more downside with 1.09215 -263 the next target.
On the topside, sellers can define risk against the 1.0962 area now (stay outside the box and the sellers are in control).  If want to risk more, the 100 hour MA should NOT be breached if the sellers are to keep control. 
ForexLive

About SkyNET

Leave a Reply

Your email address will not be published.

Яндекс.Метрика