Resistance at 1.1132-38 now
THe EURUSD has made a bee line for the 100 day MA after the better-than-expected US employment report. The 100 day moving average comes in at 1.10698. The 61.8% retracement of the move higher this week comes in at 1.1074. The low so far has printed 1.1074. A move below this level will look toward the 200 hour moving average, which currently comes in at 1.1031. resistance will now be at 1.1132 to 1.1141. This is the 50% retracement of the weeks trading range, and the 100 hour moving average, respectively
