EURUSD stays below 100 day MA

Technical Analysis

Author: Greg Michalowski | eurusd

100 day MA at 1.2041

The EURUSD has been able to stay below the 100 day MA at 1.20405. Just above that is a swing area between 1.2051 and 1.2056.  Technically, those are the risk levels that shorts would like for the price to stay below now.

100 day MA at 1.2041
The next targets are being approached at the 200 day MA at 1.19915 and a swing area between 1.19864 and 1.19943.  

Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose