Month finish. so flows might warmth up within the subsequent hour
The EURUSD fall has continued following the GDP knowledge immediately. Additionally it’s month finish, consequently, there could also be extra flows into the London repair.
The pair fell again under the 100 day MA earlier, traded across the degree, and is now making a run under the 100 hour MA (and development line) within the 1.1366-68 space). On extra draw back, the 1.1348 is dwelling to the 38.2% of the transfer up from the February 15 low, and the 200 hour MA (inexperienced line).