Extends above the 100 hour MA..then 200 hour MA.
Today is about the squeeze.
The latest is the EURGBP. This pair just squeezed above the 100 hour MA at the 0.7099 level. Less than 10 minutes later it was above the 200 hour MA at the 0.7127 level.
I would guess that at the start of the day, many would have thought the EUR would lag behind the GBP today. Not to be. The pair closed at 0.7090. That level will now be a support level for the pair (before that will be the 100 hour MA at 0.7099).
