EURUSD moves up to test the 200 hour MA. Also testing key swing area at 1.1663 to 1.1691

  • Key barometer for buyers and sellers being tested.
EURUSD
EURUSD technicals

EURUSD has moved to the 200 hour MA at 1.1667, and the low of swing area between 1.1663 to 1.1691.

The swing area not only provided support from the end of June into July, but was a key swing area going back to April to November in 2021 (see chart below).

EURUSD
EURUSD technicals

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