The USD pushed higher and tested a similar MA in multiple pairs. What happened?

  • The EURUSD, GBPUSD and NZDUSD all moved lower over the last few minutes of trading and found support buyers against the 100 hour MA on each.

The USD moved higher over the last 15-30 minutes and the run higher (lower in the EURUSD, GBPUSD and NZDUSD), all moved to a key MA level and found willing buyers. What was that level and what clues does it give traders going forward? I discuss that in the video above.

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