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EURUSD bounces off the 38.2% retracement & 100H MA support for 2nd time. Were you there?

EURUSD bounces off the 38.2% retracement & 100H MA support for 2nd time. Were you there?

Technical Analysis
Greg Michalowski
07/11/2023 | 15:34 GMT
  • The 100 hour moving average and 38.2% retracement come in at 1.0664.

The dip buyers against the 38.2% were joined by the 100-hour moving average near the 1.0664 level. Traders leaned against that level as risk can be defined and limited. That could be you too. Were you there?

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