Previous post Next post

Forex trading video: EURUSD falls below 200 day MA.What next?

The EURUSD has fallen below the 200 day MA in trading today. That is nothing new if you look at recent history. The price has been trading above and below the MA line as traders ponder “Which way next” for the pair…

Now yesterday the MA did hold. Today…not so lucky. In fact, the correction after the fall below level, used the MA as resistance – as a risk defining level. Is that a clue that the market wants to go lower?

In this video I show all this and explain what else to look for in the EURUSD and the EURGBP which is in play too.

Are you the author?
About Forexlive
Forexlive
Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.
Previous post See more for 4.) Forex Live Next post
Tags:

Permanent link to this article: https://snbchf.com/video/forex-trading-video-eurusd-falls-below-200-day-ma-what-next/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.