| The November 2025 lows were broken last week at 1.1491 and 1.1468 respectively. The price is now back above each giving the buyers some short term control. What next? |
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When the market is trending to the upside, the sellers need to take back control. If they can’t have a technical victory against the buyers, the trend to the upside continues. Listen to the price action.
EURUSD Technicals. EURUSD bouncing after testing 200 day MA.
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The price of the EURUSD reached 1.1671. That was just short of the 200 day MA at 1.1663. Get back above the 100 day MA at 1.1694 would give the buyers some hope.
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