Technical Analysis

Boring….Sure, however the EURUSD stays between MA help/resistance

100 day MA above.  100 and 200 hour MAs under

Boring? Sure, however the EURUSD is caught between the 100 day MA above at 1.1477 and the 100 and 200 hour MA under at 1.1424-27.  The present value is buying and selling at 1.14587.   Wanting on the hourly chart under, the low at this time did stall at a pattern line connecting the current lows. That pattern line presently is available in at 1.1439 (and shifting greater). 

The worth of the EURUSD is nearer current highs however efforts to interrupt above the 100 day MA has been met with a muted response and subsequent falls again down.

ForexLive


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