EURUSD trades to a new session high

Technical Analysis

Author: Greg Michalowski | eurusd

Moving averages loom above

The EURUSD is trading to a new session high at 1.13305. Above that, the 200 hour MA looms along with a downward sloping trend line near that same level.  Above that is the 100 hour MA (blue line). Finally there are a bunch of swing levels (red circled numbers).  I would expect sellers to lean against those levels on test. There is just a lot of stuff up there. 

Moving averages loom above

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