…and the EURUSD is above the 100 hour MA (1.2142)/38.2% (1.21486)/Friday low-Monday high (1.2144) and threatening to go back into the 2 week range I just thought we had put behind us on Friday/Monday. Say it ain’t so!
Well, we are not quite there. The 1.2162 level was the low from Friday the 13th. A sustained move above that level puts the price in the range where two weeks of trading (from July 6-20) made every price a key technical level (see horizontal lines).
