The 100 and 200 hour MA was resistance yesterday. Today the price moved above the levels and pushed higher before correcting back to the MA levels. Key barometer for buyers and sellers. |
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#eurusd #forex #technicalanalysis
In this video you will learn about the latest fundamental developments for the EURUSD pair. You will also find technical analysis across different timeframes for a better overall outlook on the market.
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Topics covered in the video:
0:00 Fundamental Outlook.
1:43 Technical Analysis with Optimal Entries.
3:16 Upcoming Economic Data.
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The 50% retracement held support on the dip and price moved back above the 100 day MA. The 200 day MA is the next target at 0.88456.
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