EURUSD stalls at 100 hour MA

  • The 100-hour MA is at 1.0970. The 200-hour MA stalled the fall (with the 61.8% level)
EURUSD
EURUSD tests 100 hour MA

The EURUSD moved up and tested the 100-hour MA at 1.0970. The sellers leaned on the first look.

The price low today tested the 61.8% of the move up from the March 27 low AND the 200-hour MA. Both those come in near 1.0890. and will be downside targets on a move back down.

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