50% and 200 hour MA tested yet again
New highs in the EURUSD has the pair testing the 200 hour MA and 50% of the move down from the weeks high
On the last move lower, the pair stalled for the second time just above the 50% of the move up from the low yesterday.
SO 50-50 are the barriers. Market between key levels looking for a break...
UPDATE....BREAK higher. The pair has now moved above the 200 hour MA for the first time since October 21st (21 days)