EURUSD falls further from 50 EMA on 1 hour chart

Ok, I'm back. EURUSD has now fallen further from the 50EMA on the 1 hour chart and is now consolidating. Remember two things:

1. US is on holiday today

2. Large expiry is overhead at 1.1400 of 1.2bn.

EUR/USD only

  • 1.1400 EUR amount 1.2bn
  • 1.1435 857m
  • 1.1470 799m
  • 1.1475 716m