16.8 C

EURUSD falls to new lows for the day.

Must read

Cracks below the 200/100 hour MAs 

The EURUSD is moving lower after cracking below its 200 and 100 hour MAs at 1.17626 and 1.17582 respectively. 

Cracks below the 200/100 hour MAs 

The price low just reached 1.17444.  The next target comes in at swing highs on the intraday chart near 1.17416 (see red numbered circles). A move below that level would target the 1.1724 area (other swing levels as the green numbered circles).

risk now would be a move back above the moving averages. Just ahead of that are swing levels between  1.1751 and 1.17566.

Source link

- Advertisement -spot_img

More articles


Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article