What can you do?
The EURUSD raced above the 100 day MA and 200 bar MA on the 4 hour chart for the third time The third time was not the charm.
Traders would have needed to see the "break remain a break". It did not happen. The buyers gave up. The price is back down.
So the waters are muddy again for the pair as buyers and sellers take turns taking control/more control. The 100 hour MA below at 1.12017 is near the close from Friday. That MA is a mid level barometer for bulls/bears with the 100 day MA above at 1.12227 as resistance, and the 100/200 hour MAs below at 1.1163 area below as support.
The price action in the EURUSD as it battles the ups and downs.
