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EURUSD moves higher (lower dollar) and tests the 100/200 hour MA

Discover the recent sharp rise in EURUSD after the release of US CPI data. Stocks are up, and yields are lower. Watch as we analyze the pair's testing of the 100/200-hour moving averages (1.1003 - 1.1008) and the significant 50% retracement level (1.10157) from last week's high. Breaking above these levels indicates a more bullish outlook.

Stay tuned for a concise technical analysis of EURUSD, uncovering key levels and insights.

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