100 bar MA on 4-hour chart approached at 1.06306
As the US stock market gets ready to open, the EURUSD has marched higher (the dollar is weakening across the board).
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The pair is approaching a MA resistance level against the 100 bar MA on the 4 hour chart. That level comes in at 1.0630. The high from Friday's trade came in at 1.06293. A move above is need to keep the bullish run going. with a cluster of resistance ahead at 1.0657 to 64 where the 38.2%, the 200 hour MA and 100 hour MA all come together. Key area in trading today if the buyers can make another push higher.
